Craftsman Automation Limited faces a GST setback as the Commissioner (Appeals), Gurugram, upheld a Rs 962.89 lakhs tax demand and equal penalty on January 14, 2026, linked to service valuation disputes from 2017-18 to 2023-24. The firm reaffirms compliance, plans further appeal, and sees no material financial or operational impact.
Craftsman Automation Limited received an order on January 14, 2026, from the Commissioner (Appeals), Gurugram, upholding a GST tax demand and penalty totaling Rs 1,925.78 lakhs related to service valuation disputes from 2017-18 to 2023-24. The company plans to appeal further, maintaining full compliance and no material financial impact.
Order Details
The Commissioner (Appeals), Gurugram, issued the order dated December 30, 2025, confirming the Joint Commissioner of CGST, Faridabad's earlier ruling. This follows the company's intimation on January 4, 2025, about the ongoing appeal. The core issue involves valuation of consideration for specific services and processes over seven financial years.
Key Developments
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Tax demand stands at Rs 962.89 lakhs with equal penalty, aggregating Rs 1,925.78 lakhs.
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Company asserts consistent GST compliance and is filing a higher appeal.
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No foreseen material effects on financials, operations, or activities.
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Stock showed resilience, rising over 5% from December 31 close of Rs 7,722.5 to recent levels around Rs 8,000.
Sources: BSE filings via ScanX Trade, InvestyWise