Sasken Technologies receives ₹10.9 Crore tax demand order for FY22

Sasken Technologies Limited has received an adjudication order DRC-07 under Section 73 of the SGST Act, 2017 and CGST Act, 2017 for the Financial Year 2021-22. The order pertains to GST payable on rev...

Sasken Technologies Limited has received an adjudication order DRC-07 under Section 73 of the SGST Act, 2017 and CGST Act, 2017 for the Financial Year 2021-22. The order pertains to GST payable on reverse charge for sales by overseas branches, considered as imports. The total demand amount is ₹10,89,83,477, comprising Tax of ₹5,86,88,358, Interest of ₹4,44,26,283, and Penalty of ₹58,68,836. The company received this order on December 23, 2025. Sasken Technologies has stated that there is no material impact on its financial, operational, or other activities due to the dismissal of the appeal. The company intends to exercise its right to appeal the order before the GSTAT.

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Why is Sasken Technologies Limited in the news today?

Sasken Technologies Limited (SASKEN) is in the news due to the company has received a significant tax demand order which, despite the company's claim of no material impact, represents a negative financial event.

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Sasken Technologies receives ₹10.9 Crore tax demand order for FY22

December 25, 2025, 07:52 AM

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Sasken Technologies Limited has received an adjudication order DRC-07 under Section 73 of the SGST Act, 2017 and CGST Act, 2017 for the Financial Year 2021-22. The order pertains to GST payable on reverse charge for sales by overseas branches, considered as imports.

The total demand amount is ₹10,89,83,477, comprising Tax of ₹5,86,88,358, Interest of ₹4,44,26,283, and Penalty of ₹58,68,836. The company received this order on December 23, 2025.

Sasken Technologies has stated that there is no material impact on its financial, operational, or other activities due to the dismissal of the appeal. The company intends to exercise its right to appeal the order before the GSTAT.

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