Legal1 April 2026 at 10:29 am
Sterling and Wilson Renewable Energy Faces INR 26.38 Lakhs Tax Penalty for Disallowed Input Tax Credit
AI Summary
Sterling and Wilson Renewable Energy Limited has received an order from the Superintendent, CGST, Vidhyadhar Nagar, Jaipur, Rajasthan, disallowing input tax credit for the period April 2019 to March 2020. The order demands tax and penalty amounting to approximately INR 26.38 Lakhs, including a penalty of INR 13.19 Lakhs. The company is currently evaluating the order and deciding the future course of action. This matter does not have a material impact on the operations of the company.
Key Highlights
- Sterling and Wilson Renewable Energy Limited has received an order from the Superintendent, CGST, Vidhyadhar Nagar, Jaipur, Rajasthan
- The order disallows input tax credit for the period April 2019 to March 2020
- The demanded tax and penalty amount to approximately INR 26.38 Lakhs
- The company is evaluating the order and deciding the future course of action
- This matter does not have a material impact on the operations of the company