Shilchar Technologies Gets Major Relief of Rs 3.19 Crore in GST Demand:

Shilchar Technologies Limited received major relief from the Commissioner (Appeals), who set aside GST demand, interest and penalty amounting to over Rs 3.17 crore. The appellate authority also directed re-determination of part of the demand under Section 73 of the CGST Act instead of Section 74.

Appellate authority directed re-determination of part of the tax demand under Section 73 of the CGST Act.

Aishwarya Singh

May 13, 2026

Last update on May 13, 2026

Shilchar Technologies Gets Major Relief of Rs 3.19 Crore in GST Demand Shilchar Technologies Limited just told the stock exchanges about a big win in a GST case. The Commissioner of Central Tax (Appeals), CGST and Central Excise, Vadodara sided with Shilchar, and the company shared the news under Regulation 30 of the SEBI rules. They got the appellate order by email on May 12, 2026, though it was dated April 30. The Joint Commissioner of Central Tax, Vadodara-I, had Imposed the company a GST demand for Rs 3.19 crore, plus interest and an equal penalty under Section 74 of the CGST Act. But when Shilchar appealed, things turned around. The Commissioner (Appeals) scrapped Rs 3.17 crore of that demand and dismissed the penalty and interest too. Instead of Section 74 which deals with fraud or deliberate tax evasion, the authority told officials to look at Rs 1.64 crore under Section 73. That section is for cases where there’s no fraud, just regular tax issues. "This move is a big deal because Section 73 is much less severe than Section 74. Basically, the appellate order gives Shilchar a lot of legal relief. Shilchar made it clear that this order won’t really affect its finances, business, or operations".