NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company15h ago · 25 Sept 2026, 08:14 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
HCL Infosystems Limited · HCL-INSYS
✦ AI SummaryLitigation
HCL Infosystems Limited has informed the Exchange about the status update on a pending litigation regarding a tax demand of ₹ 80.22 Lakhs under Section 74(1) of the CGST Act, 2017. The Additional Commissioner, CGST (Appeals), Noida has partially allowed the Department's appeal and imposed a penalty of ₹ 80.22 Lakhs on the Company.
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HCL Infosystems Limited has informed the Exchange about status update on Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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25th September 2026
Department of Corporate Services Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort, C-1, G-Block, Bandra - Kurla Complex
Mumbai-400001 Bandra (E), Mumbai – 400051
Symbol:500179 Symbol: HCL-INSYS
Subject: Intimation under Regulation 30 read with Para B of Part A of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 regarding receipt of Order-in-Appeal dated
September 15th,2026 from Additional Commissioner, CGST (Appeals), Noida which was received by
the Company on 24 September 2026.
Ref: Disclosure filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 dated February 05th, 2025 and June 04th, 2025 for Order-in-Original and its
rectification received from CGST, Noida
Dear Sir/Madam,
Pursuant to Regulation 30 read with Para B of Part A of Schedule III to the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we hereby inform you that the Additional Commissioner, CGST
(Appeals), Noida, has passed an Order-in-Appeal dated 15 September 2026, which was received by the
Company on 24 September 2026.
The adjudicating authority vide Order-in-Original dated 01 February 2025 had confirmed a tax demand of ₹
80.22 Lakhs under Section 74(1) of the CGST Act, 2017 on account of disallowance of CENVAT Credit availed
for various Cesses in the pre-GST regime, while dropping the proposals relating to interest and penalty. The
Department had preferred an appeal against the said Order-in-Original, challenging the dropping of interest
and penalty.
The Additional Commissioner, CGST (Appeals), Noida Vide Order-in-Appeal dated 15 September 2026 has
partially allowed the Department's appeal and modified the Order-in-Original by imposing a penalty of ₹ 80.22
Lakhs on the Company under Section 74(1) of the CGST Act, 2017.
The Company is evaluating the Order-in-Appeal and is considering the available legal remedies in accordance
with law.
The details of the aforesaid Order-in-Appeal, as required under Regulation 30 of the Listing Regulations read
with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023 and latest SEBI Circular
No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, are enclosed herewith as
Annexure-A.
This is for your information and records.
For and on behalf of:
HCL Infosystems Limited
Twinkle Monga
Company Secretary & Compliance Officer
Membership No: 54882
Annexure-A
Brief details of litigation viz. name(s) of the Petitioner: The Assistant Commissioner, Central
opposing party, court/ tribunal/agency where GST, Division-I Noida
litigation is filed, brief details of Respondent: HCL Infosystems Limited
dispute/litigation. Appeal filed before: Additional Commissioner, CGST
(Appeals), Noida
Issue Involved: Applicability of interest and penalty
on tax demand
Expected financial implications, if any, due to Imposition of penalty of ₹ 80.22 Lakhs under Section
compensation, penalty etc. 74(1) of the CGST Act, 2017
Quantum of claims Penalty of ₹ 80.22 Lakhs
Additional Commissioner, CGST (Appeals), Noida, has
passed an Order-in-Appeal dated 15 September 2026
Details of any change in the status and / or any which was received by the Company on 24 September
development in relation to such proceedings 2026 and has partially allowed the Department's
appeal by imposing a penalty of ₹ 80.22 Lakhs on the
Company.