MoneyWorks4Me

Schneider Electric Infrastructure informs about receipt of order

20 Jul 2024 Evaluate

Pursuant to Regulation 30 of the Listing Regulations, Schneider Electric Infrastructure has informed that the Company has received an Order 117/SUP/R-V/KOL-N/24 in Form GST DRC – 07 from the Office of the Superintendent, RangeV, CGST & CX, Bidhannagar Division, Kolkata, North Commissionerate relating to excess ITC claimed for the financial year 2017-18 and accordingly, demanding the excess amount along with the penalty. The Company is evaluating appropriate legal remedy. The required details pursuant to sub-para 20 of Para A of Part A of Schedule III, are enclosed.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Waaree Energies 2455.00
Apar Industries 15126.95
Havells India 1071.10
Suzlon Energy 39.40
Siemens 3427.50
View more..