NSEAction(s) taken or orders passed2 Jul 2026 · 2 Jul 2026, 03:32 pm
Action(s) taken or orders passed
LG Electronics India Limited · LGEINDIA
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LG Electronics India Limited has received a show cause notice from the Joint Commissioner GST- Corporate Circle-2, Greater Noida, Gautam Budha Nagar, Uttar Pradesh, regarding excess availment of Input Tax credit during FY 2021-22. The GST Authority has decided the matter in favour of the Company and proposed demand amounting to Rs. 116.72 Crore including Penalty has dropped.
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LG Electronics India Limited has informed the Exchange about Action(s) taken or orders passed
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LGEINDIA_02072026152733_Intimation_under_Regulation_30_GST_Order.pdf
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LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
LGEIL/CGC/2026-27/28
Date: July 2, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: LGEINDIA Scrip Code: 544576
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI LODR”), we hereby inform you that the Company has received an Order
dated July 1, 2026 issued by Joint Commissioner GST- Corporate Circle-2, Greater Noida, Gautam
Budha Nagar, Uttar Pradesh.
The details required under Regulation 30 of the SEBI LODR read with SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as
Annexure-A.
The date and time of occurrence of information is July 1, 2026 at 16:37 hours (IST).
Kindly take the above information on record.
Thanking You,
Yours truly,
For LG Electronics India Limited
(Anuj Goyal)
Company Secretary and Compliance Officer
Encl: As above
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109
LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
“Annexure – A”
Sr. No. Particulars Details
1 Name of the Authority; Joint Commissioner GST- Corporate Circle-2,
Greater Noida, Gautam Budha Nagar, Uttar Pradesh
2 Nature and details of action(s) taken The Company has received an Order in respect of
or order(s) passed; the Show cause notice dated May 26, 2026 issued
under Section 74 of the CGST Act, 2017 and the
applicable provisions of the Uttar Pradesh GST Act,
2017 for FY 2021-22. The GST Authority has
decided the matter in favour of the Company and
proposed demand amounting to Rs. 116.72 Crore
including Penalty (Principal Tax Rs. 58.36 Crore +
Penalty Rs. 58.36 Crore) has dropped.
3 Date of receipt of Direction or July 1, 2026
order, including any ad-interim or
interim orders, or any other
communication from the authority;
4 Details of the violation(s) / The Show cause notice had alleged excess
contraventions (s) committed or availment of Input Tax credit during FY 2021-22
alleged to be committed; based on reconciliation differences between GST
returns. The allegations have now been adjudicated
in favour of the Company.
5 Impact on financial, operation or There is no financial, operational or other material
other activities of the listed entity, impact on the Company pursuant to the said order.
quantifiable in monetary terms to
the extent possible;
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109