Bajaj Electricals Limited has received an unfavorable appellate order regarding a disallowance of GST Input Tax Credit for FY 2020-21. The initial demand was Rs. 18.90 lakh, including a penalty of Rs. 0.86 lakh. The company’s appeal was dismissed by the Joint Commissioner of Commercial Taxes (Appeals)-1. Bajaj Electricals is now evaluating further legal remedies, including potential appeals to higher tribunals or writ proceedings.
GST Appeal Order Update from Bajaj Electricals
Bajaj Electricals Limited has provided an important update concerning a previously disclosed assessment order related to GST Input Tax Credit disallowances for the financial year 2020-21. The company had initially received an order from the Office of the Deputy Commissioner of Commercial Taxes, Bengaluru, demanding a gross amount of Rs. 18.90 lakh, which included a penalty of Rs. 0.86 lakh.
Appellate Authority Dismisses Appeal
Further to their letter dated February 28, 2025, Bajaj Electricals announced on June 1, 2026, that they have received an adverse appellate order dated May 30, 2026. This order was issued by the Office of the Joint Commissioner of Commercial Taxes (Appeals)-1, Bengaluru. The Appellate Authority has dismissed the company’s appeal, stating that it did not consider their submission.
Management Evaluating Legal Options
The management of Bajaj Electricals is currently undertaking an evaluation of appropriate legal remedies available. This includes the possibility of filing an appeal before the appropriate appellate tribunal. Additionally, the company may initiate writ proceedings before the Hon’ble High Court to challenge the Appeal Order. The financial impact of this order, if it materializes, is expected to be limited to the extent of the demand raised and the penalty levied.
No Operational Impact Identified
Bajaj Electricals has confirmed that there is no anticipated impact on the operational, financial, or other activities of the Company as a result of this assessment or the subsequent Appeal Order.
Source: BSE
