Sterling and Wilson Renewable Energy receives GST order for ₹14.62 lakh mismatch
Sterling and Wilson Renewable Energy Limited has disclosed that an order has been issued by the Superintendent of CGST, Jaipur, Rajasthan. This order pertains to a mismatch of input tax credits for th...
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Why is Sterling and Wilson Renewable Energy Limited in the news today?
Sterling and Wilson Renewable Energy Limited (SWSOLAR) is in the news due to the announcement reports an order from tax authorities regarding input tax credit mismatch and penalty. while it involves a financial implication, it is partially covered by an indemnity agreement, and the company is still evaluating the situation, making the immediate sentiment neutral.
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Sterling and Wilson Renewable Energy receives GST order for ₹14.62 lakh mismatch
January 2, 2026, 01:14 PM
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Sterling and Wilson Renewable Energy Limited has disclosed that an order has been issued by the Superintendent of CGST, Jaipur, Rajasthan. This order pertains to a mismatch of input tax credits for the period between April 2018 and March 2023, with an aggregate amount of approximately ₹14.62 lakhs, including a penalty.
The company has stated that this matter is partially covered under an indemnity agreement previously entered into by Sterling and Wilson Renewable Energy Limited, Reliance New Energy Limited, Shapoorji Pallonji and Co. Private Limited, and Mr. Khurshed Daruvala.
Sterling and Wilson Renewable Energy Limited is currently in the process of evaluating the order and determining the future course of action. The disclosure was made on January 02, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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