BHEL Wins GST Case for FY21-22, Demand of ₹183.77 Cr Dropped

Bharat Heavy Electricals Limited (BHEL) has received an adjudication order from the Assistant Commissioner (ST), Commercial Tax Department, Telangana, concerning a demand for FY 2021-22. The order, re...

Bharat Heavy Electricals Limited (BHEL) has received an adjudication order from the Assistant Commissioner (ST), Commercial Tax Department, Telangana, concerning a demand for FY 2021-22. The order, received on 01.02.2026, was issued under Section 73 of the CGST Act/TGST Act, 2017. The adjudication authority passed the order in favour of BHEL, dropping a demand amounting to ₹183.77 crore, along with associated interest and penalty. This demand was initially raised via a Show Cause Notice for FY 2021-22, which was reported on 19.09.25. However, a balance demand of ₹1.43 crore remains, comprising ₹0.78 crore demand, ₹0.58 crore interest, and ₹0.07 crore penalty. BHEL intends to file an appeal before the Appellate Authorities for this remaining amount. The company stated that there is no expected financial implication from the dropped demand as the case is considered strong on merits. The authority had identified non-compliance related to tax demanded for the export of goods beyond the prescribed time period, although BHEL asserts the export has been completed. A penalty of ₹0.07 crore was imposed.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Bharat Heavy Electricals Limited in the news today?

Bharat Heavy Electricals Limited (BHEL) is in the news due to the company has won a significant portion of a tax dispute, with a large demand being dropped in its favor.

Other Regulatory FilingsLitigation Updates
Bharat Heavy Electricals LimitedBHELhttps://prysm.fi/v2/analyze/BHEL

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

BHEL Wins GST Case for FY21-22, Demand of ₹183.77 Cr Dropped

January 2, 2026, 06:50 AM

AI Sentiment Analysis

Top Queries to Ask About Bharat Heavy Electricals Limited

More Details on This News

Bharat Heavy Electricals Limited (BHEL) has received an adjudication order from the Assistant Commissioner (ST), Commercial Tax Department, Telangana, concerning a demand for FY 2021-22. The order, received on 01.02.2026, was issued under Section 73 of the CGST Act/TGST Act, 2017.

The adjudication authority passed the order in favour of BHEL, dropping a demand amounting to ₹183.77 crore, along with associated interest and penalty. This demand was initially raised via a Show Cause Notice for FY 2021-22, which was reported on 19.09.25.

However, a balance demand of ₹1.43 crore remains, comprising ₹0.78 crore demand, ₹0.58 crore interest, and ₹0.07 crore penalty. BHEL intends to file an appeal before the Appellate Authorities for this remaining amount. The company stated that there is no expected financial implication from the dropped demand as the case is considered strong on merits.

The authority had identified non-compliance related to tax demanded for the export of goods beyond the prescribed time period, although BHEL asserts the export has been completed. A penalty of ₹0.07 crore was imposed.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained -“Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

More News on Bharat Heavy Electricals Limited

Discover more trending news on Prysm

View All