VA Tech Wabag Receives GST Order for ₹23.21 Lakhs; Plans Appeal
VA Tech Wabag Limited has announced the receipt of an order from the Office of the Superintendent of Central Tax, GST Commissionerate, Bengaluru. This order pertains to an assessment following a routi...
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Why is VA Tech Wabag Limited in the news today?
VA Tech Wabag Limited (WABAG) is in the news due to the company received an order from gst authorities with a demand of ₹23.21 lakhs. while the company plans to appeal, the order itself is a routine compliance matter and does not have a material impact on its financials or operations, leading to a neutral sentiment.
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VA Tech Wabag Receives GST Order for ₹23.21 Lakhs; Plans Appeal
December 31, 2025, 01:55 PM
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VA Tech Wabag Limited has announced the receipt of an order from the Office of the Superintendent of Central Tax, GST Commissionerate, Bengaluru. This order pertains to an assessment following a routine GST compliance audit conducted under Section 65 of the CGST Act, 2017, covering the financial years 2018-19 to 2022-23.
The assessment has resulted in a total demand of ₹23,21,411, comprising basic tax of ₹4,53,996, interest of ₹2,42,361, and a penalty of ₹16,25,054.
The company stated that it will pursue appropriate legal remedies, including filing an appeal with the relevant authority against this order. VA Tech Wabag Limited has also clarified that there is no material impact on its financial, operational, or other activities as a result of this order.
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