CESC Limited Receives Tax Demand Order of ₹9.28 Crore; Plans Appeal

CESC Limited has received an order from the Government of West Bengal, Office of the Special Commissioner, Bureau of Investigation (South Bengal), for the determination of tax, interest, and penalty u...

CESC Limited has received an order from the Government of West Bengal, Office of the Special Commissioner, Bureau of Investigation (South Bengal), for the determination of tax, interest, and penalty under sub-section (9) of section 73 of the CGST/WBGST Act, 2017. The order, received on December 15, 2025, pertains to the financial year 2021-22 and raises an aggregate demand of ₹9,28,48,030.00 (9.28 crore). Based on legal advice and the merits of the case, CESC Limited intends to file an appeal against this order before the Appellate Authority. The company disputes the aggregate demand raised and reasonably expects favorable orders from the appellate authorities. This intimation is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is also available on the company's website.

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Why is CESC Limited in the news today?

CESC Limited (CESC) is in the news due to the company has received a significant tax demand, which is a negative development. although they plan to appeal, the initial order represents a financial liability.

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CESC Limited Receives Tax Demand Order of ₹9.28 Crore; Plans Appeal

December 16, 2025, 01:51 PM

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CESC Limited has received an order from the Government of West Bengal, Office of the Special Commissioner, Bureau of Investigation (South Bengal), for the determination of tax, interest, and penalty under sub-section (9) of section 73 of the CGST/WBGST Act, 2017. The order, received on December 15, 2025, pertains to the financial year 2021-22 and raises an aggregate demand of ₹9,28,48,030.00 (9.28 crore).

Based on legal advice and the merits of the case, CESC Limited intends to file an appeal against this order before the Appellate Authority. The company disputes the aggregate demand raised and reasonably expects favorable orders from the appellate authorities. This intimation is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is also available on the company's website.

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