NSEAction(s) taken or orders passed4d ago · 30 Jul 2026, 06:06 pm
Action(s) taken or orders passed
Schneider Electric Infrastructure Limited · SCHNEIDER
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Schneider Electric Infrastructure Limited has received an appeal order from the Commissioner, CGST (Appeals), Noida, regarding wrongful availment of transitional credit and hotel booking facilitation services without establishing business nexus. The company is evaluating an appropriate legal remedy.
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Schneider Electric Infrastructure Limited has informed the Exchange about Action(s) taken or orders passed
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SCHNEIDER_30072026180613_IntimationReg_30GST_MatterJuly2026.pdf
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July 30, 2026
SEIL/Sec./SE/2026-27/27
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/2024-25/88 dated
February 4, 2025, informing about the receipt of demand notice from Joint commissioner, Noida Tower II,
Ground Floor, IGL Complex, Noida Uttar Pradesh- 201301, relating to wrong availment of excess Input Tax
credit in TRANS1 for financial year 2017-18 and accordingly, demanding the excess amount along with the
interest and penalty, as communicated earlier. In this regard, we wish to inform that the Company has now
received an appeal order vide no. NOI-CGST-001-APPL-324-2026-27 dated July 29, 2026 from the Office of
the Commissioner, CGST (Appeals), Noida - 201305, regarding wrongful availment/transition of ineligible
CENVAT credit (Education Cess, SHE Cess and Krishi Kalyan Cess) through TRAN-1 under Section 140 of
the CGST Act, 2017 and wrongful availment of transitional credit on hotel booking facilitation services without
establishing business nexus.
The Company is evaluating 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 Joint commissioner, CGST (Appeal), Noida
2. Nature and details of the The Company had carried forward transitional credit through Form GST TRAN-
action(s) taken, initiated or 1 under Section 140 of the CGST Act, 2017. Pursuant to audit observations,
order(s) passed; proceedings were initiated alleging wrongful transition of certain credits.
The Department contended that (i) Education Cess, Secondary & Higher
Education Cess and Krishi Kalyan Cess amounting to INR 9,57,641/- were not
eligible for transition under GST, and (ii) input tax credit of INR 2,58,549/-
pertaining to hotel booking facilitation services lacked evidence of business
nexus and was therefore inadmissible. The adjudicating authority confirmed the
above demands along with applicable interest and penalty.
Upon appeal, the Commissioner (Appeals), CGST Noida, vide Order No. NOI-
CGST-001-APPL-324-2026-27 dated 29.07.2026, partly allowed the appeal by
setting aside the demand of INR 2,83,584/- relating to transit invoices recorded
on 31.07.2017. However, the appellate authority upheld the demand of INR
9,57,641/- towards transitional credit of Education Cess, Secondary & Higher
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
Education Cess and Krishi Kalyan Cess, and INR 2,58,549/- towards hotel
booking facilitation services, together with applicable interest.
The penalty was consequentially revised and imposed at INR 12,16,190/-
under Sections 122 and 74 of the CGST Act, 2017.
3. Date of receipt of direction July 30, 2026 at 12:31 p.m. (IST)
or order, including any ad-
interim or interim orders, or
any other communication
from the authority;
4. Details of As detailed in point no. 2
violation(s)/contravention(
s) committed or alleged to
be committed;
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 Appeal 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