Equity

Hot Pursuit

Schneider Electric faces Rs 9.57 crore in upheld demands and Rs 12.16 crore penalty following CGST appeals order
(30-Jul-2026, 19:15 Hours IST)  
Schneider Electric Infrastructure Limited has received an appeal order dated July 29, 2026, from the Office of the Commissioner, CGST (Appeals), Noida, regarding the wrongful availment of transitional credit. While the appeal partially succeeded in setting aside a demand of Rs 2,83,584 related to transit invoices, the appellate authority upheld demands totaling Rs 9,57,641 for Education Cess, Secondary & Higher Education Cess, Krishi Kalyan Cess, and Rs 2,58,549 for hotel booking facilitation services, along with a revised penalty of Rs 12,16,190. The company is evaluating legal remedies and states that the financial, operational, or other activities will not be materially impacted beyond the extent of the liability outlined in the order.
Thursday, July 30, 2026 12:00:00 AM
Adani Ports1664.30comprofit(-3.26)%
      
Asian Paints2746.90comprofit(-0.44)%
      
Axis Bank1228.85comprofit(-0.57)%
      
Bajaj Finance1056.05comprofit(0.18)%
      
Bajaj Finserv1909.05comprofit(-0.83)%
      
Bharat Electro..384.80comprofit(-0.74)%
      
Bharti Airtel1955.75comprofit(0.28)%
      
Eternal310.80comprofit(-0.19)%
      
HCL Technologi..1353.20comprofit(0.71)%
      
HDFC Bank756.15comprofit(1.06)%
      
Hind. Unilever2108.05comprofit(-0.48)%
      
ICICI Bank1436.50comprofit(-0.06)%
      
Infosys1156.10comprofit(0.05)%
      
Interglobe Avi..5231.70comprofit(-0.87)%
      
ITC285.25comprofit(-0.30)%
      
Kotak Mah. Ban..388.95comprofit(-0.35)%
      
Larsen & Toubr..3938.45comprofit(0.21)%
      
M & M3278.90comprofit(1.73)%
      
Maruti Suzuki14188.90comprofit(1.77)%
      
NTPC344.50comprofit(0.29)%
      
Power Grid Cor..285.70comprofit(1.04)%
      
Reliance Indus..1294.40comprofit(1.44)%
      
SBI1026.15comprofit(1.22)%
      
Sun Pharma.Ind..2000.75comprofit(0.55)%
      
Tata Steel186.95comprofit(-0.19)%
      
TCS2431.90comprofit(-0.56)%
      
Tech Mahindra1668.85comprofit(1.49)%
      
Titan Company4848.20comprofit(-0.04)%
      
Trent2999.10comprofit(-0.19)%
      
UltraTech Cem.11847.75comprofit(-1.25)%
      

FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com

BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737

ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)

© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.

Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)