SCHNEIDER2026-07-30SCHNEIDER2026-07-30ActionsTakenOrOrdersPassedDomain1SCHNEIDER2026-07-30ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1SCHNEIDER2026-07-30SignatoriesDomain1iso4217:INRxbrli:pureSCHNEIDERSchneider Electric Infrastructure Limited534139NOTLISTEDINE839M01018NewAction(s) taken or orders passed (sub-para 20)false2026-07-3012:31:002026-07-30Imposition of fine or penaltyStatutory AuthorityJoint commissioner, CGST (Appeal), Noida1Listed Entity (Self)Schneider Electric Infrastructure LimitedEmailThe Company had carried forward transitional credit through Form GST TRAN-1 under Section 140 of the CGST Act, 2017. Pursuant to audit observations, 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 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, 2017.2026-07-30The Company has 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.2017-18There is no material impact on the financials, operations or other routine business activities. The impact will be limited to the extent of liability as per the Appeal Order.Wrongful availment/transition of credit1216190The penalty was consequentially revised and imposed at INR 12,16,190/- under Sections 122 and 74 of the CGST Act, 2017.Not applicableThe Company is evaluating appropriate legal remedy.Sumit GoelCompany Secreatry & Compliance Officer2026-07-30Gurugram