Schneider Electric Infrastructure faces tax demand over input tax credit

Schneider Electric Infrastructure Limited announced on November 26, 2025, that it received a demand order dated November 24, 2025, from the Office of Assistant Commissioner, CGST Commissionerate -II, Division III, Pune. The order pertains to the alleged wrong availment of Input Tax Credit (ITC) under relevant sections of the CGST and IGST Acts.

The demand order specifies a tax amount of INR 28,11,898 and a penalty of INR 28,11,898, with interest to be applied at an appropriate rate on the tax amount. The periods covered are FY 2018-19, 2021-22, and 2022-23. The company is currently evaluating appropriate legal remedies.

Despite the demand, Schneider Electric Infrastructure Limited stated that there is no material impact on its financials, operations, or other routine business activities. The impact will be limited to the extent of liability as per the order.