Innovision Receives Significant Relief in GST Dispute After Dehradun CGST Authority Modifies Penalty:

Innovision Limited has informed the stock exchanges that it has received an order from the Additional Commissioner, Central Goods and Services Tax (CGST) Commissionerate, Dehradun.

The company said the order relates to GST-related discrepancies raised by the department in the GSTR returns filed for the relevant periods. The order was received by the company on August 11, 2026.

According to the company, the GST department had raised tax and penalty demands for FY 2019-20 and FY 2023-24. The total liability mentioned in the matter was around Rs 94,22,268 for FY 2019-20 and around Rs 20,03,89,212 for FY 2023-24, covering CGST and SGST along with penalties.

However, under the latest order, the separate penalty imposed under Section 122(1)(xvi) of the CGST Act has been modified and reduced to a fixed penalty of Rs 10,000.

Innovision said the order will have no adverse financial impact on the company. It also stated that, based on its assessment and legal advice, the outcome of the related litigation or dispute is not reasonably expected to have any material financial impact on the company.

The company has disclosed the development under Regulation 30 of the SEBI Listing Regulations to the BSE and NSE.