BGR Energy Systems receives CGST Demand Order of ₹32.72 Lakhs for FY21-22
BGR Energy Systems Limited has received a Demand Order under Section 73 of the CGST Act, 2017, from the Joint Commissioner, Corporate Circle, Kanpur I, Uttar Pradesh. The order, passed on 30th Decembe...
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Why is BGR Energy Systems Limited in the news today?
BGR Energy Systems Limited (BGRENERGY) is in the news due to the company has received a demand order for gst, including penalties and interest, which is a negative financial event.
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BGR Energy Systems receives CGST Demand Order of ₹32.72 Lakhs for FY21-22
December 30, 2025, 12:42 PM
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BGR Energy Systems Limited has received a Demand Order under Section 73 of the CGST Act, 2017, from the Joint Commissioner, Corporate Circle, Kanpur I, Uttar Pradesh. The order, passed on 30th December 2025, confirms a GST demand for the Financial Year 2021-22.
The demand pertains to alleged violations related to suppression of turnover and incorrect determination of the place of supply, which allegedly resulted in a short payment of GST. The total confirmed demand amounts to ₹32,72,131.80, inclusive of tax, interest, and penalty.
The company stated that it is planning to appeal against this order to seek a remedy. This disclosure is made in compliance with regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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