Bharat Heavy Electricals Limited (BHEL) has received a demand order from GST Authorities in Gujarat. The order pertains to a dispute regarding input tax credit availment and utilization. The total demand, including interest and penalty, amounts to ₹42,75,286. BHEL is currently evaluating the order and preparing to file an appeal.
GST Demand Order Details
BHEL has received an order regarding a dispute over input tax credit availment and utilization. The original demand was made under Section 74 of the CGST/SGST Act, 2017. The order was received on December 24, 2025, from the Office of the Assistant Commissioner of State Tax, Gujarat.
Financial Implications
The impugned order includes a demand of ₹12,94,982, along with consequential interest of ₹16,85,322 and a penalty of ₹12,94,982. The total amount due is ₹42,75,286. The communication relates to the period 2018-19. The company does not expect any material impact on its financials, operations, or other activities due to the intimation of this tax payable.
Company Response
BHEL is currently evaluating the impugned order and preparing to file an appeal. The company is assessing the grounds for appeal and preparing the necessary documentation.
Source: BSE