HCL Infosystems Receives ₹4.38 Crore GST Demand Order for FY22

HCL Infosystems Limited has received an Order-in-Original from the Joint Commissioner, Central Goods & Services Tax, Noida, pertaining to the financial year 2021-22. The order, dated December 18, 2025...

HCL Infosystems Limited has received an Order-in-Original from the Joint Commissioner, Central Goods & Services Tax, Noida, pertaining to the financial year 2021-22. The order, dated December 18, 2025, was issued due to an alleged mismatch between the company's reported turnover in Form GSTR-3B and details in Form GSTR-7. A total demand of ₹4.38 crore has been confirmed against the company. This includes tax of ₹2.27 crore, interest of ₹1.89 crore (levied under Section 50 of the CGST Act, 2017), and a penalty of ₹0.22 crore (imposed under Section 73 of the CGST Act, 2017). The company believes the demand is not legally sustainable, attributing the discrepancy to statutory timing differences and reconciliation issues between various GST returns, without any intent to evade tax. HCL Infosystems has stated that it is evaluating its legal remedies and does not anticipate any material adverse impact on its financial position or operations at this stage.

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Why is HCL Infosystems Limited in the news today?

HCL Infosystems Limited (HCL-INSYS) is in the news due to the company has received a gst demand order which is a negative event. however, the company disputes the demand and does not expect any material adverse impact, which mitigates the negativity.

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HCL Infosystems Receives ₹4.38 Crore GST Demand Order for FY22

December 19, 2025, 03:26 PM

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HCL Infosystems Limited has received an Order-in-Original from the Joint Commissioner, Central Goods & Services Tax, Noida, pertaining to the financial year 2021-22. The order, dated December 18, 2025, was issued due to an alleged mismatch between the company's reported turnover in Form GSTR-3B and details in Form GSTR-7.

A total demand of ₹4.38 crore has been confirmed against the company. This includes tax of ₹2.27 crore, interest of ₹1.89 crore (levied under Section 50 of the CGST Act, 2017), and a penalty of ₹0.22 crore (imposed under Section 73 of the CGST Act, 2017).

The company believes the demand is not legally sustainable, attributing the discrepancy to statutory timing differences and reconciliation issues between various GST returns, without any intent to evade tax. HCL Infosystems has stated that it is evaluating its legal remedies and does not anticipate any material adverse impact on its financial position or operations at this stage.

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