BSECompany Update4d ago · 12 Aug 2026, 02:07 pm
Intimation under reg 30 of sebi lodr for setting aside of gst order
Innovision Ltd · 544732
✦ AI SummaryRegulatory
Innovision Ltd has received an order from the Additional Commissioner of Central Goods and Services Tax, Dehradun, setting aside a penalty of Rs. 10,000 under Section 122(1)(xvi) of the Central Goods and Services Tax Act, 2017. The company has also disclosed that it has received an order in its favor in a dispute with the Additional Commissioner, Central Goods and Service Tax Commisionerate, Dehradun, which was initiated on March 20, 2026, and was decided in favor of the company on March 30, 2026.
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Innovision Ltd - 544732 - Intimation Under Reg 30 Of Sebi LODR For Setting Aside Of Gst Order
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Date: 12-08-2026
To, To,
The Manager The Manager,
Listing Department Listing Department
BSE Limited, National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot C/1,
Dalal Street, Mumbai-400 001 G Block, Bandra-Kurla Complex
BSE Code: 544732 Mumbai – 400051.
NSE Code: INNOVISION
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir / Madam,
In accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements)
Regulation, 2015, we wish to inform you that Innovision Limited has received the Order passed under
Section 74 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) and (“UKGST Act”) in its
Favour wherein the separate record-keeping penalty under Section 122(1)(xvi) is been modified and
reduced to a fixed penalty of Rs. 10,000/-
The details, as required under Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No:
SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 & SEBI Circular No.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure A.
Further, pursuant to Regulation 30 of SEBI Listing Regulations, and in accordance with the
requirement of Clause 8 of Para B of Part A of Schedule III of LODR read with Clause 8.1 of SEBI,
circular Dated January 30, 2026 is required to disclose pendency of any litigation(s) or dispute(s),
the outcome of which can reasonably be expected to have an impact on the listed entity. based on the
Company’s assessment, prevailing laws, and basis the advice of the counsel, the outcome of such
litigations/disputes is not reasonably expected to have any material financial impact on the
Company.
The details, as required under Clause 8 of of Para A of Part A of Schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No:
SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 & SEBI Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026is enclosed as Annexure B.
INNOVISION LIMITED
ISO 9001: 2008 | ISO/IEC 27001: 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700
Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-110010
0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in
Annexure A
Sl No Particulars Remarks
1 Name of the authority Additional commissioner, Central Goods
& Service Tax Commisionerate,
Dehradun
2 Nature and Details of the action(s) taken In FY 2019–20, the tax payable
initiated or order(s) passed amounted to Rs. 15,70,378 under CGST
and an equal amount under
SGST, with penalties of Rs 31,40,756
each, bringing the total liability to Rs
94,22,268 under both heads. In FY
2023–24, the tax payable was Rs
3,33,98,202 under each CGST and SGST,
with penalties of Rs 6,67,96,404 each,
resulting in a total liability of Rs
20,03,89,212 under both CGST and
SGST.
3 Date of receipt of direction or order, Company has received the order on 11th
including any ad-interim or interim August, 2026
orders, or any other communication from
the authority;
4 Details of the violation(s)/ Dispute raised by GST Department in
contravention(s) committed or alleged to filed GSTR returns of relevant periods
be committed;
5 Penalty Amount Imposed under Section 10,000/-
122(1)(xvi)
6 Impact on financial, operation The Agreement remains valid till
or other activities of the Company, completion of scope of services or end of
quantifiable in monetary terms to the contractual duration (whichever is
extent possible; earlier) unless mutually extended by
both the parties.
7 Expected financial implications, if any, due There are no adverse financial
to compensation, penalty etc and implication on the Company.
quantum of claims, if any
INNOVISION LIMITED
ISO 9001: 2008 | ISO/IEC 27001: 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700
Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-110010
0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in
Annexure B
Sr.No. Particulars Remarks
1. Name of the opposing party Additional commissioner, Central Goods
& Service Tax Commisionerate,
Dehradun
2. Date of initiation of the litigation / Order Dated March 20, 2026, the
dispute company has received the order on
March 30, 2026
3. Status of the litigation / dispute as Set Aside
per last disclosure
4. Current status of the litigation / Decided in Favour of the Appellant
dispute Company-Innovision Limited
This is for your information, records and appropriate dissemination.
Yours sincerely,
For, Innovision Limited
Name: Jyoti Sachdeva
Company Secretary & Compliance Officer
M No –A22176
INNOVISION LIMITED
ISO 9001: 2008 | ISO/IEC 27001: 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700
Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-110010
0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in