
Tax & Penalty3 Nov 2026, 05:21 pm
Diffusion Engineers Wins GST Appeal, ₹72.14 Lakhs Demand Set Aside
AI Summary
Diffusion Engineers Ltd has announced the successful outcome of its appeal against an order from the GST authorities. The Additional Commissioner (Appeals), Customs, CGST and Central Excise, Nagpur, has allowed the company's appeal, setting aside the original order and the associated Show Cause Notice. This decision nullifies the tax demand of ₹72,13,794 (₹72.14 Lakhs) raised for alleged excess availment of Input Tax Credit (ITC) for FY 2019-20, along with the applicable interest and an equivalent penalty of ₹72,13,794. Consequently, the company has no subsisting liability related to this demand.
Key Highlights
- GST appeal allowed by Appellate Authority.
- ₹72.14 Lakhs tax demand and penalty set aside.
- No financial liability for excess ITC claim.
- Original order and Show Cause Notice nullified.
Price Impact
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