Tata Consultancy Services Limited has received an order passed by the Assistant Commissioner, Central Tax, Kakkanad Division. Name of the Authority The Assistant Commissioner, Central Tax, Kakkanad Division. Order received from Authority disallowing Input tax credit of Goods and Services Tax (GST), levying interest under section 50(3) of the Central Goods and Services Tax Act, 2017 (CGST Act) and levying a penalty under section 122(2) of CGST Act.

The Company has received the order from Authority levying penalty of INR 12,03,572/- under section 122(2) of CGST Act alleging disallowance of input tax credit of GST availed and utilized during the financial years 2018-19 to 2020-21. The Company is taking necessary steps to appeal against the Order before the appropriate Authority. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 17, 2024.