Hero MotoCorp has received a tax demand from the Additional Commissioner, Central Goods and Services Tax, Vadodara, Gujarat, dated January 5, 2026. The company received the order on January 19, 2026. Hero MotoCorp believes the tax demand is not maintainable in law and will take appropriate steps, including filing an appeal against the order. The company does not foresee a material impact on its financials or operations.
Tax Order Received
Hero MotoCorp has been issued a tax order from the Additional Commissioner, Central Goods and Services Tax, Vadodara, Gujarat. The order, dated January 5, 2026, was received by the company on January 19, 2026.
Company’s Position and Planned Actions
Based on its assessment, Hero MotoCorp believes that the tax demand is not legally sound and will contest the order. The company intends to take all necessary actions, including filing an appeal to challenge the demand.
Details of the Tax Demand
The tax demand relates to the Financial Year 2019-20 and involves a GST demand of ₹4.97 crore, along with an equivalent penalty and applicable interest. The order was issued under Section 74 of Central Goods & Services Tax Act, 2017 and the Gujarat Goods and Services Tax, 2017.
Expected Impact
Hero MotoCorp anticipates that this matter will not have a material adverse effect on its financial condition or operational performance.
Source: BSE
