Capacite Infraprojects Receives Order from Appellate Authority Regarding GST Proceedings
Capacite Infraprojects Limited announced on April 2, 2026, that it received an order from the Deputy Commissioner of State Tax, Appellate Authority. The order pertains to GST proceedings initially raised by the Assistant Commissioner of State Tax - Maharashtra in a July 30, 2021 order.The Appellate Authority upheld the previously disclosed demands, involving the same amount as initially assessed. The company has previously accounted for these amounts as contingent liabilities and notes that there is no immediate financial impact.
Capacite Infraprojects intends to file an appeal before higher appellate forums within the prescribed timelines. The company believes it has adequate factual and legal grounds to support its position. Management confirmed the order will not impact the financial operations or other activities of the company.
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