NSEGeneral Updates28 Sept 2026 · 28 Sept 2026, 05:11 pm
General Updates
Schneider Electric Infrastructure Limited · SCHNEIDER
✦ AI SummaryRegulatory
Schneider Electric Infrastructure Limited has received an order from the Commissioner (Appeals), CGST & Central Excise (Appeals), Vadodara, upholding a demand of INR 3,25,15,502 towards tax, along with applicable interest and penalty of INR 32,51,549, in relation to alleged excess claim of Input Tax Credit for the Financial Year 2021-22. The company is evaluating the order and appropriate legal remedy.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Schneider Electric Infrastructure Limited has informed the Exchange about General Updates
Attachments (1)
📄pdf
Download →
SCHNEIDER_28092026171146_IntimationReg_30GST_MatterSep282026.pdf
View document text
September 28, 2026
SEIL/Sec./SE/2026-27/47
The Manager The Secretary
Listing Department BSE Limited
National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers,
Exchange Plaza, Bandra Kurla Complex Dalal Street
Bandra (East), MUMBAI 400 051 MUMBAI 400 001
Fax # 022-2659 8237/8238/8347/8348 Fax#022-2272 3121/2037/2039
Symbol: SCHNEIDER Scrip Code No. 534139
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements)
Regulations 2015 (“the Listing Regulations”)
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that Schneider Electric Infrastructure
Limited (“Company”) has received an Order bearing No. ZD240926125469Z dated September 28, 2026, issued
by the Commissioner (Appeals), CGST & Central Excise (Appeals), Vadodara (“Appellate Authority”).
This intimation is in continuation of the Company’s earlier intimation submitted to the Stock Exchanges vide
letter no. SEIL/Sec./SE/2025-26/67 dated December 16, 2025, in relation to the Demand Order dated
December 15, 2025, received from the Office of the Additional Commissioner, CGST & Central Excise,
Vadodara-I Commissionerate, pertaining to alleged excess claim of Input Tax Credit (“ITC”) for the Financial
Year 2021-22.
The Company had preferred an appeal against the aforesaid Demand Order. The Appellate Authority has, vide
the present Order-in-Appeal, disallowed the appeal filed by the Company and upheld the Order-in-Original
dated December 15, 2025.
The Company is evaluating the order and appropriate legal remedy.
The required details pursuant to sub-para 20 of Para A of Part A of Schedule III, are as follows:
Sr. Particulars Details
1. Name of the authority Commissioner (Appeals), CGST & Central Excise (Appeals), Vadodara.
2. Nature and details of the The Appellate Authority, vide Order No. Order no. - ZD240926125469Z dated
action(s) taken, initiated or September 28, 2026, has disallowed the appeal filed by the Company and
order(s) passed; upheld the Order-in-Original No. VAD-GST-001-ADC-081-2025-26 dated
December 15, 2025. Accordingly, the demand aggregating to INR 3,25,15,502
towards tax, along with applicable interest and penalty of INR 32,51,549, as
confirmed under the said Order-in-Original, stands upheld as on date.
3. Date of receipt of direction The order came into the knowledge of compliance officer on September 28,
or order, including any ad- 2026, at 2:21 p.m. (IST).
interim or interim orders, or
any other communication
from the authority;
Schneider Electric Infrastructure Limited
Corporate Office: 15th Floor, DT-4, DLF Downtown, Phase 3, Sector 25A, Gurugram, Haryana – 122002
Tel. +91 9228078000
Registered Office: Milestone 87, Vadodara-Halol Highway, Village Kotambi, Post Office Jarod, Vadodara-
391510 Gujarat, India | Tel. +91 0266866200
CIN: L31900GJ2011PLC064420
schneider-infra.in
4. Details of The matter relates to alleged excess availment of ITC in Form GSTR-3B vis-à-
violation(s)/contravention( vis ITC reflected in Form GSTR-2A/2B, under the heads “All Other ITC” and
s) committed or alleged to “Import of Goods”, for the Financial Year 2021-22. The Appellate Authority held
be committed; that the Company had not satisfactorily substantiated/reconciled the disputed
differences through corroborative documentary evidence and accordingly
upheld the demand under Section 73(9) of the CGST Act, 2017, along with
consequential interest and penalty.
5. Impact on financial, There is no material impact on the financials, operations or other routine
operation or other business activities. The impact will be limited to the extent of liability as per the
activities of the listed Order.
entity, quantifiable in
monetary terms to the
extent possible.
We request you to kindly take the above submissions on your records.
Yours Sincerely,
For Schneider Electric Infrastructure Limited
(Sumit Goel)
Company Secretary and Compliance Officer
Schneider Electric Infrastructure Limited
Corporate Office: 15th Floor, DT-4, DLF Downtown, Phase 3, Sector 25A, Gurugram, Haryana – 122002
Tel. +91 9228078000
Registered Office: Milestone 87, Vadodara-Halol Highway, Village Kotambi, Post Office Jarod, Vadodara-
391510 Gujarat, India | Tel. +91 0266866200
CIN: L31900GJ2011PLC064420
schneider-infra.in