Hitachi Energy India shocks, a tax notice of ₹ 2,296.74 crore found in this case – Hitachi Energy India Faces Rupees 2296 74 Crore Tax Demand

Hitachi Energy India has informed about the Joint Commissioner, CGST & CE, Vadodara-I (“GST Authority”) to get an order regarding the allegedly incorrectly sanctioned refund. In this order of July 31, 2025, there has been a demand for tax, interest and penalty under the Central Goods and Services Tax Act, 2017.

This order of the GST Authority is related to the allegedly incorrectly sanctioned export refund for the period from October 2020 to June 2021. The reason for this is not to present the e-BRC/FIRC while filing the refund application.

The total tax demand is ₹ 2,296.74 crore, along with a penalty of ₹ 229.67 crore has also been imposed.

Details of order:

Hitachi Energy India says the tax demand and penalty imposed is not arbitrary, unfair and sustainable in law. The company is planning to file an appeal with the Appellate Authority within the stipulated time frame.

The company will file a necessary appeal with the Appellate Authority within the stipulated time frame in this regard.

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