Sterling and Wilson Renewable Energy Receives Order from GST Authorities
Sterling and Wilson Renewable Energy Limited announced on April 1, 2026, that it received an order from the Superintendent, CGST, Vidhyadhar Nagar, Jaipur, Rajasthan. The order, dated March 31, 2026, disallows input tax credit for the period April 2019 to March 2020, resulting in a demand for tax and penalty totaling approximately INR 26.38 Lakhs, including a penalty of INR 13.19 Lakhs.The company is currently evaluating the order and will determine its subsequent course of action. According to the company, there is no material impact on its operations as a result of this order.
| Sr. No. | Particulars | Details |
|---|---|---|
| 5 | Brief summary of the material contents of the communication received, including reasons for receipt of the communication | Disallowing input tax credit for the period April 2019 to March 2020 and demanded tax and penalty aggregating to ~ INR 26.38 Lakhs. (including penalty of INR 13.19 Lakhs) |
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