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As on : 22-Sep-2026
Hot Pursuit
22-Sep-2026     23:10

Sasken Technologies loses appeal, faces Rs 10.90 crore tax demand, interest, and penalty

Sasken Technologies Limited announced that it received an appeal order on September 21, 2026, from the Joint Commissioner Appeals, GST Department, Bengaluru, dismissing the company's appeal for fiscal year 2021-22 regarding GST payable on sales by overseas branches. The order confirms a demand of Rs 5,86,88,358 in tax, Rs 4,44,26,283 in interest, and Rs 58,68,836 in penalty, totaling Rs 10,89,83,477. Sasken Technologies stated that the dismissal of the appeal is not expected to have a material impact on the company's financial, operational, or other activities.

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