Uno Minda Limited has received an order-in-appeal from the Central GST, Chennai, regarding an earlier demand for availment of excess ITC and non-payment of GST. The appellate authority has significantly reduced the total demand, which now stands at ₹5.02 crore for tax and ₹0.50 crore for penalty. The company plans to contest the order on its merits but does not foresee any material impact on its operations.
GST Order-in-Appeal Received
Uno Minda Limited has announced receiving an Order-in-appeal from the Office of the Pr. Commissioner (Appeal-II), Central GST, Chennai. This follows an earlier intimation regarding a demand from the Office of the Commissioner of GST & Central Excise, Chennai Outer, concerning the availment of excess ITC and non-payment of GST on income received from the Board of Apprenticeship & Training (BOAT).
Reduced Financial Liability
The appellate authority has reviewed the case and reduced the original demand. The revised demand amounts are as follows:
- Tax: ₹5.02 Crore
- Penalty: ₹0.50 Crore
- Interest: As applicable
The total monetary demand now stands at ₹5.52 crore plus applicable interest, a significant reduction from the initial assessment. The Order was received by Uno Minda Limited on September 03, 2026, around 01:29 P.M. (IST).
Company’s Stance and Outlook
Despite the reduction, Uno Minda Limited intends to contest the Order-in-appeal based on its merits. The company has stated that it does not foresee any material impact on its financial, operational, or other activities as a result of this order. This development provides a clearer financial picture regarding the previously disputed GST matter.
Source: BSE
