Sterling and Wilson Renewable Energy Limited has received an order from the GST authorities in Jaipur regarding a tax dispute. The order disallows input tax credit for the period of April 2019 to March 2020, resulting in a total demand of INR 26.38 Lakhs, which includes a penalty of INR 13.19 Lakhs. The company has stated that this development will have no material impact on its operations.
Details of the Tax Order
On March 31, 2026, Sterling and Wilson Renewable Energy Limited received a formal communication from the Superintendent of CGST, Vidhyadhar Nagar, Jaipur. The order pertains to the assessment of input tax credit claims for the financial period spanning April 2019 through March 2020. Following the review, the authorities have disallowed the claimed input tax credit.
Financial and Operational Impact
The total liability specified in the order amounts to INR 26.38 Lakhs. This sum is comprised of the disallowed tax credit and a penalty amounting to INR 13.19 Lakhs. Despite the issuance of this demand, the company has clarified that there is no material impact on its overall business operations or financial health.
Future Course of Action
Sterling and Wilson Renewable Energy Limited is currently in the process of thoroughly evaluating the contents of the order. The company is determining the appropriate next steps to address the demand and will decide its future course of action accordingly.
Source: BSE
