Bengaluru-based IT services firm Sasken Technologies Limited has received an adjudication order from the Deputy Commissioner of Commercial Taxes, Bengaluru, under Section 73 of the SGST Act, 2017 and CGST Act, 2017, pertaining to the financial year 2021-22.
The order, received on December 23, 2025, imposes a total liability of ₹10.89 crore, comprising ₹5.87 crore in tax, ₹4.44 crore in interest, and ₹0.59 crore in penalty. The demand arises from alleged GST payable under reverse charge on sales made by Sasken’s overseas branch, treated as imports.
Sasken stated that the order does not have any material impact on its financials or operations. The company also confirmed that it intends to appeal the order before the GST Appellate Tribunal (GSTAT).
This update was disclosed to the BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
