BSECompany Update18 Oct 2026 · 18 Oct 2026, 01:18 pm
In furtherance to the previous intimation filed on July 20, 2024, the Company has received another order from the GST Authority Details are enclosed herewith.
Schneider Electric Infrastructure Ltd · 534139
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Schneider Electric Infrastructure Ltd has received an order from the GST Authority, rejecting its appeal against a previous order demanding excess ITC claimed for FY 2017-18. The Appellate Authority has upheld the demand, interest, and penalty, resulting in a quantified amount of INR 10,08,142 plus applicable interest. The company has no material impact on its financials, operations, or other routine business activities.
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Schneider Electric Infrastructure Ltd - 534139 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 ('The Listing Regulations') - Update
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October 18, 2026
SEIL/Sec./SE/2026-27/52
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,
This is in furtherance to the intimation filed by the Company vide letter no. SEIL/Sec./SE/2024-25/30 dated July
20, 2024, informing about the receipt of order from Office of the Superintendent, Range V, CGST & CX,
Bidhannagar Division, Kolkata, North Commissionerate relating to excess ITC claimed for the financial year
2017-18 and accordingly, demanding the excess amount along with the penalty.
In this regard, we wish to inform that Schneider Electric Infrastructure Limited (“Company”) has now received
an Order-in-Appeal from the Joint Commissioner, CGST & CX, Kolkata Appeal-I Commissionerate, whereby
the appeal filed by the Company against the Order-in-Original dated July 16, 2024 has been rejected.
The details pursuant to sub-para 20 of Para A of Part A of Schedule III as required under the SEBI Listing
Regulations are set out below:
Sr. Particulars Details
1. Name of the authority Joint Commissioner, CGST & CX, Kolkata Appeal-I Commissionerate.
2. Nature and details of the The Appellate Authority, vide Order-in-Appeal No. 302/CGST/Kol-North/2026
action(s) taken, initiated or has rejected the appeal filed by the Company and upheld the Order-in-Original
order(s) passed; No. 117/SUP/R-V/KOL-N/2024-25 dated July 16, 2024. Accordingly, the
Appellate Authority has upheld (i) the demand in respect of transitional input tax
credit amounting to INR 5,04,071 under Section 74(1) of the CGST Act, 2017;
(ii) consequential liability towards interest under Section 50(3), to the extent
payable in accordance with law; and (iii) penalty of INR 5,04,071 under Section
122(2)(b) read with the relevant provisions of the CGST Act, 2017. Accordingly,
the quantified amount involved is INR 10,08,142 plus applicable interest.
3. Date of receipt of direction The order came into the knowledge of compliance officer on October 17, 2026,
or order, including any ad- at 3:04 p.m. (IST).
interim or interim orders, or
any other communication
from the authority;
4. Details of The matter relates to transitional input tax credit of INR 5,04,071 claimed by the
violation(s)/contravention( Company under Form GST TRAN-1 for FY 2017-18 in respect of three
s) committed or alleged to invoices/tax-paying documents. The authorities alleged that the said documents
be committed; were recorded in the books of account on July 31, 2017, beyond the prescribed
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
period under Section 140(5) of the CGST Act, 2017, and that no extension of
the prescribed period had been granted by the competent authority. The
Appellate Authority has upheld the findings of the adjudicating authority
concerning inadmissibility of the said transitional credit and the 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.
The Company is evaluating the order and appropriate legal remedy.
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