Bhageria Industries Receives GST Demand Order of ₹2.95 Crore

Bhageria Industries Limited has announced receipt of a GST demand order from the Additional Commissioner, CGST & Central Excise, Palghar Commissionerate. The order includes a confirmed penalty of ₹1,7...

Bhageria Industries Limited has announced receipt of a GST demand order from the Additional Commissioner, CGST & Central Excise, Palghar Commissionerate. The order includes a confirmed penalty of ₹1,79,81,586 under Section 74(1) of the CGST Act, 2017, for the period FY 2018-19 to FY 2023-24, related to the availment of Input Tax Credit of Compensation Cess. Additionally, a penalty of ₹75,17,512 has been confirmed under Section 74(1) of the CGST Act, 2017, for the period FY 2024-25, also concerning the availment of Input Tax Credit of Compensation Cess. The company also faces a demand of Input Tax amounting to ₹37,48,073 in IGST and ₹3,86,540 each in IGST & SGST for various periods, along with applicable interest and penalties for excess ITC in GSTR-3B compared to GSTR-2A. The order was received on December 30, 2025. Bhageria Industries Limited plans to file an appeal before the Commissioner (Appeals) against this order before the due date. The company stated that there is no impact on its financial operations or other activities due to this order.

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Why is Bhageria Industries Limited in the news today?

Bhageria Industries Limited (BHAGERIA) is in the news due to the company has received a significant gst demand order and penalty, which is a negative development.

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Bhageria Industries Receives GST Demand Order of ₹2.95 Crore

December 30, 2025, 12:52 PM

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Bhageria Industries Limited has announced receipt of a GST demand order from the Additional Commissioner, CGST & Central Excise, Palghar Commissionerate. The order includes a confirmed penalty of ₹1,79,81,586 under Section 74(1) of the CGST Act, 2017, for the period FY 2018-19 to FY 2023-24, related to the availment of Input Tax Credit of Compensation Cess.

Additionally, a penalty of ₹75,17,512 has been confirmed under Section 74(1) of the CGST Act, 2017, for the period FY 2024-25, also concerning the availment of Input Tax Credit of Compensation Cess. The company also faces a demand of Input Tax amounting to ₹37,48,073 in IGST and ₹3,86,540 each in IGST & SGST for various periods, along with applicable interest and penalties for excess ITC in GSTR-3B compared to GSTR-2A.

The order was received on December 30, 2025. Bhageria Industries Limited plans to file an appeal before the Commissioner (Appeals) against this order before the due date. The company stated that there is no impact on its financial operations or other activities due to this order.

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