The Office of the Commissioner (Appeals) has rejected Bajaj Electricals Limited's appeal challenging an assessment order wherein a demand of Rs 10.95 crore (including penalty) was imposed.
Saloni Kumari | Jun 10, 2026 |
Bajaj Electricals Rs 10.95 Crore GST Demand as company receives adverse appellate order
Bajaj Electricals Limited had received a final assessment order on February 27, 2025. The order was issued by the Office of the Joint Commissioner, CGST and Central Excise, Lucknow, Uttar Pradesh, under Section 73 of the Goods and Services Tax Act, 2017. The company had disclosed the same receipt through a letter dated February 28, 2025.
The said assessment order had raised an aggregate demand amounting to Rs 10.95 crore on the company, including a penalty of Rs 0.99 crore, on grounds of disallowances of GST Input Tax Credit (ITC) for the Financial Year 2020-21.
The company aggrieved with the aforesaid demand assessment order had challenged the same before the Office of the Commissioner (Appeals), Customs, CGST and Central Excise, Lucknow (Appellate Authority); however, its appeal was rejected vide an order dated June 8, 2026, received by the company on June 8, 2026, at 06:16 p.m. The first appellate authority had not considered the submissions made by the company and confirmed the impugned demand raised by the GST authorities.
The company is still not satisfied with the order of the first appellate authority and, consequently, is looking for appropriate legal remedies suitable for its present case under the law, such as furnishing an appeal before an appropriate appellate tribunal and/or filing a writ petition before the Honourable High Court, challenging the Appeal Order dated June 8, 2026.
The company has clarified that the impact of the Office of the Commissioner (Appeals)’s order dated June 8, 2026, is limited to the extent of the demand raised and the penalty imposed. Other than that, there is no impact on the operational, financial, or other activities of the Company as a consequence of the assessment order dated February 27, 2025.
Bajaj Electricals Limited has informed the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE) about the aforementioned information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’).
In case of any Doubt regarding Membership you can mail us at [email protected]
Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"
