Waaree Renewable Technologies Limited has been issued an assessment order by the Assistant Commissioner of State Tax (INV-01), Investigation-A, Mumbai. The order, under Section 73 of the Central Goods and Services Tax Act, 2017 and related acts, pertains to the tax period of April 2021 to March 2022. The total amount aggregated in the order is ₹1,24,446/-. The company received the intimation of this order via email on December 22, 2025, at 06:30 p.m. (IST). The alleged contravention involves the non-reversal of common input tax credit used for exempt supply in proportion to the total turnover. Waaree Renewable Technologies Limited is in the process of taking appropriate steps to address the matter, including filing an appeal before the appropriate authority within the prescribed timelines. The company has stated that the financial impact is limited to ₹1,24,446/- and is not material in nature, and the order is not expected to have any material adverse impact on its financial position, operations, or other activities.