Schneider Electric Infrastructure has received demand orders totaling ₹2,303,81,435 related to short payment of tax on import of services from overseas group companies and incorrect use of input tax credit (ITC). The demand orders were issued by joint commissioners in Gurgaon and Ghatak on November 24, 2025. The company is currently evaluating its legal options.
Tax Demand Notification
Schneider Electric Infrastructure Limited has received demand orders concerning alleged discrepancies in tax payments related to imported services. These orders, dated November 24, 2025, were issued by the Joint Commissioners of Gurgaon and Ghatak.
Details of the Demand Orders
The demand orders pertain to alleged short payment of tax on import of services received from overseas group companies and the improper utilization of Input Tax Credit (ITC). The orders break down as follows:
Gurgaon Jurisdiction:
A demand of ₹1,86,48,848, comprised of ₹1,25,81,141 in tax and ₹60,67,707 in penalty, for the period August 2018 to March 2021.
Ghatak Jurisdiction:
A demand of ₹87,85,174, comprised of ₹43,92,587 in tax and ₹43,92,587 in penalty, also for the period August 2018 to March 2021.
Company’s Response
The company has stated that it is currently assessing appropriate legal remedies in response to these demand orders. The total amount of the combined demands is ₹2,74,33,922.
Impact Assessment
Schneider Electric Infrastructure maintains that these orders are not expected to have a material impact on the company’s routine business activities, with any impact being limited to the extent of liability as per the demand orders.
Source: BSE