BSE Receives GST Order Demanding ₹7.25 Crore, Plans Appeal

BSE Limited has received an order from the Office of the Principal Commissioner of CGST & Central Excise, Mumbai South Commissionerate, concerning alleged availment of excess input tax credit. The or...

BSE Limited has received an order from the Office of the Principal Commissioner of CGST & Central Excise, Mumbai South Commissionerate, concerning alleged availment of excess input tax credit. The order, received on December 16, 2025, pertains to the period of April 2021 to March 2022. The demand raised includes GST of ₹6,59,26,901, interest (not quantified), and a penalty of ₹65,92,690, totaling ₹7,25,19,591. The company stated that it intends to file an appeal against this order before the appropriate authority within the prescribed timelines, and therefore, does not foresee any immediate impact on its financial, operational, or other activities.

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Why is BSE Limited in the news today?

BSE Limited (BSE) is in the news due to the company has received a significant demand order from the cgst and central excise authorities, which includes a substantial penalty, indicating a negative development.

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BSE Receives GST Order Demanding ₹7.25 Crore, Plans Appeal

December 17, 2025, 12:05 PM

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BSE Limited has received an order from the Office of the Principal Commissioner of CGST & Central Excise, Mumbai South Commissionerate, concerning alleged availment of excess input tax credit.

The order, received on December 16, 2025, pertains to the period of April 2021 to March 2022. The demand raised includes GST of ₹6,59,26,901, interest (not quantified), and a penalty of ₹65,92,690, totaling ₹7,25,19,591.

The company stated that it intends to file an appeal against this order before the appropriate authority within the prescribed timelines, and therefore, does not foresee any immediate impact on its financial, operational, or other activities.

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