Highway Infrastructure Ltd won a crucial case at the Customs and Excise Tribunal, overturning a ₹66.58 lakh penalty and securing a ₹64.33 lakh CENVAT refund. This boosts the company's tax position and financial health significantly.
Highway Infrastructure Ltd inform you that the Company has received a favourable order
from the Office of the Customs, Excise & Service Tax Appellate Tribunal dated November 11,
2025, in connection with the proceedings under the Service Tax Act.
The said order has been passed in favour of the Company, whereby the earlier penalty
amounting to Rs.66,58,383/- (Rupees Sixty-Six Lakhs Fifty-Eight Thousand Three Hundred
and Eighty-Three only) along with the interest thereon has been set aside, and a refund
(CENVAT Credit) of Rs. 64,33,488/- (Rupees Sixty-Four Lakhs Thirty-Three Thousand Four
Hundred and Eighty-Eight only) has been allowed to the Company.
Highway Infrastructure Ltd has achieved a favorable ruling from the Customs, Excise & Service Tax Appellate Tribunal on November 11, 2025, relating to a service tax penalty. The Tribunal set aside a previous penalty of ₹66.58 lakh plus interest, ruling in favor of the company. In addition, Highway Infrastructure was granted a significant CENVAT Credit refund amounting to ₹64.33 lakh. This outcome not only lifts the financial burden imposed by the penalty but also reinforces the company’s position in ongoing tax proceedings, marking a positive step for its financials and regulatory compliance stance.
Key Highlights:
-
The appellate order was delivered on November 11, 2025, overturning the prior service tax penalty.
-
The penalty amounting to ₹66,58,383 along with interest has been canceled.
-
The company has been authorized a refund of ₹64,33,488 as CENVAT Credit.
-
This favorable ruling supports the company’s claims under the Service Tax Act.
-
The decision limits potential cash outflow and strengthens the company’s tax recovery.
This significant tribunal order is expected to provide Highway Infrastructure Ltd with both regulatory clarity and enhanced financial flexibility, reinforcing its operational confidence amid evolving tax regulations.
Sources: NSE Circular, Office of the Customs, Excise & Service Tax Appellate Tribunal.