Solarworld Energy Solutions Receives GST Show Cause Notice

Solarworld Energy Solutions Limited has received a Show Cause Notice (SCN) dated September 29, 2026, from the Office of the Deputy Commissioner, State Tax, Noida, Uttar Pradesh, under the GST laws. The notice pertains to alleged discrepancies in GST returns filed for FY 2022-23, including differences in GSTR-9 and GSTR-9C, unreconciled ITC, and issues related to e-way bills and trade payables. The potential liability proposed in the SCN is ₹5,39,39,622 (₹2,95,71,123 tax, ₹2,13,05,792 interest, and ₹30,62,707 penalty). The company is examining the notice and will file a detailed reply within the prescribed time. Solarworld believes it has a strong case on merits and does not anticipate any material impact on its financial position or operations.