Bajaj Electricals Receives GST Demand Order of ₹2.38 Crore for FY22
Bajaj Electricals Limited has disclosed receiving an order dated December 26, 2025, from the Office of the Deputy Commissioner, Large Taxpayer Unit, Corporate Division, West Bengal (GST Authority). Th...
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Why is Bajaj Electricals Limited in the news today?
Bajaj Electricals Limited (BAJAJELEC) is in the news due to the company has received a tax demand order, which is a negative development. however, the management is evaluating legal options and has stated that there is no impact on financial operations, making the overall sentiment neutral.
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Bajaj Electricals Receives GST Demand Order of ₹2.38 Crore for FY22
December 26, 2025, 03:49 PM
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Bajaj Electricals Limited has disclosed receiving an order dated December 26, 2025, from the Office of the Deputy Commissioner, Large Taxpayer Unit, Corporate Division, West Bengal (GST Authority). The order, issued under Section 73(9) of the CGST/WBGST Act, 2017, raises a gross demand of ₹237.90 lakhs (₹2.38 crore), including a general penalty of ₹12.91 lakhs.
These demands are based on allegations of short payment of tax liability by the company for the financial year 2021-22. The management of Bajaj Electricals is currently evaluating its legal options, which include filing an appeal before the appropriate Tribunal against the issued order.
The company has stated that there is no impact on its financial operations or any other activities due to this order.
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