
Legal4 Oct 2026, 03:00 pm
Anup Engineering Wins GST Appeal, ₹1.66 Cr Demand Set Aside
AI Summary
The Anup Engineering Ltd has successfully appealed a Goods and Services Tax (GST) demand order of ₹1.66 Crore, plus interest and IGST on ocean freight. The Hon'ble Appellate Authority allowed the company's appeal and set aside the impugned order passed by the GST Department. This ruling means there is no financial impact on the company. The original demand was for ineligible Input Tax Credit (ITC) of ₹1.33 Cr and IGST on ocean freight of ₹0.33 Cr, along with a penalty of ₹1.66 Cr.
Key Highlights
- GST appeal allowed by Hon'ble Appellate Authority.
- Impugned GST order of ₹1.66 Cr penalty set aside.
- No financial impact on the company due to the ruling.
- Original demand included ineligible ITC and IGST on ocean freight.
Price Impact
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