Bajaj Electricals500031Tax or GST
Adverse GST appellate order for FY 2019-20 imposes total demand of Rs. 627.36 lakh
An adverse GST appellate order has been received for FY 2019-20, imposing a total demand of Rs. 627.36 lakh, including a general penalty of Rs. 31.89 lakh.
By ScoutQuest · · 2 min read
- Total GST Demand
- Rs. 627.36 lakh
- General Penalty
- Rs. 31.89 lakh
- Assessment Year
- FY 2019-20
What has happened
- The company has received an adverse appellate order for FY 2019-20, issued by the Office of the Additional Commissioner, Corporate Division, West Bengal.
- The order imposes a total demand of Rs. 627.36 lakh, which includes a general penalty of Rs. 31.89 lakh.
- The company states it received this order on October 12, 2026, at 05:07 p.m.
What the earlier order said
- This is an update to an earlier communication of August 31, 2024, about an order dated August 31, 2024 from the Office of the Assistant Commissioner of Revenue under Section 73(9) of the CGST/WBGST Act, 2017 read with Section 20 of the IGST Act, 2017.
- That earlier order imposed a total demand of Rs. 632.52 lakh, including a general penalty of Rs. 32.16 lakh.
- Both demands relate to alleged excess input tax credit (ITC) claimed and alleged short payments of GST during FY 2019-20.
What the company plans to do
- Management is evaluating the appropriate legal remedies available under law.
- These include update an appeal before the appropriate appellate tribunal and/or initiating writ proceedings before the Hon'ble High Court against the appeal order.
What the company says about the impact
- The financial impact of the appeal order, if it materialises, would be limited to the extent of the demand raised and the penalty levied under it.
- There is no impact on the operational, financial or other activities of the company on account of this order.
How an investor might read this
- This is an adverse development in an ongoing GST matter for FY 2019-20, with a fresh quantified demand of Rs. 627.36 lakh including penalty of Rs. 31.89 lakh.
- Since the company intends to challenge the order, the amount and its eventual outcome remain subject to the appellate process.
- The figure is one element of the tax dispute for that year, and the company has stated its own view of the financial impact.
Also from Bajaj Electricals
GST: adverse appellate order imposes Rs. 627.36 lakh demand, including Rs. 31.89 lakh penalty
13 Oct 2026
Bajaj Electricals to hold Q2FY27 earnings call on Oct 28, 2026, hosted by ICICI Securities
12 Oct 2026
Board meeting on October 28, 2026 to consider Q2 and half-year unaudited results
7 Oct 2026
More numbers
- Total demand in the appellate order (FY 2019-20)Rs. 627.36 lakh
- General penalty included in the appellate orderRs. 31.89 lakh
- Total demand in the earlier assessment order (FY 2019-20)Rs. 632.52 lakh
- General penalty in the earlier assessment orderRs. 32.16 lakh
Source: BSE · 13 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.