HCL Infosystems has received a GST demand order from the Joint Commissioner, CGST Noida, for FY 2021–22, citing a ₹4.38 crore discrepancy linked to GSTR returns. The company contests the order, attributing the issue to reconciliation differences and confirming that it doesn’t foresee any material financial or operational impact.
HCL Infosystems Limited informed stock exchanges that it has received an Order-in-Original dated December 18, 2025, from the Joint Commissioner of Central Goods & Services Tax (CGST), Noida. The order concerns an alleged mismatch between turnover reported in the company’s GSTR-3B and the data reflected in GSTR-7 for FY 2021–22.
The order confirms a total demand of ₹4.38 crore, including tax of ₹2.27 crore, interest of ₹1.89 crore under Section 50, and a penalty of ₹0.22 crore under Section 73 of the CGST Act, 2017.
HCL Infosystems maintained that the demand stems from timing and reconciliation differences across GST filings, without any suppression of facts or intent to evade tax. It stated that the company has already discharged applicable liabilities and is evaluating legal options to contest the order.
The company clarified that this development is not expected to materially impact its financials or operations.
Notable Updates:
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Authority involved: Joint Commissioner, CGST Noida
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Order date: December 18, 2025
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Total demand: ₹4.38 crore (tax ₹2.27 cr, interest ₹1.89 cr, penalty ₹0.22 cr)
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Reason cited: Mismatch between GSTR-3B and GSTR-7 filings
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Company stance: Demand unsustainable, evaluating legal remedies
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Financial outlook: No material adverse impact expected
Source: NSE Corporate Filing, BSE Announcement by HCL Infosystems Limited