Announced Wed, 12 Aug · 13:55 IST
GST order in favour; penalty cut to Rs 10,000
INNOVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹285.15
prior close
₹288.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.2-0.2-0.4-0.5-1.1-2.7-4.1-6.4-7.1-9.1-10.2——
Up moveDown movePending
AI summary
Innovision Limited received a favorable GST order from the Additional Commissioner, Central GST Commissionerate, Dehradun under Section 74 of the CGST/UKGST Act on 11 August 2026. The record-keeping penalty under Section 122(1)(xvi) was reduced to a fixed Rs. 10,000 versus original penalties of Rs. 31.4 lakh (FY 2019-20) and Rs. 6.68 crore (FY 2023-24). The GSTR return dispute is decided in favour of the company with no material financial impact.
Likely market impact
Positive outcome; minimal penalty versus potential crores in liability. No material financial impact on the company.