Bajaj Electricals Limited has received an Appeal Order dated 13 March 2026, which was delivered on 25 March 2026, from the Office of the Commissioner, Appeals-I, CGST & CX, Mumbai. The order partially accepts the company’s submissions concerning a GST input mismatch issue.
The Appeal Order, issued under Section 107 of the CGST Act 2017, has resulted in a gross demand of ₹4.60 lakh, including a general penalty of ₹0.87 lakh. This development follows previous communications from the company regarding the initial assessment order and subsequent partial acceptance of the demand.
The management of Bajaj Electricals is currently assessing its legal options, which may include filing an appeal with the appropriate appellate tribunal or submitting a writ petition to the High Court. The financial impact of the order, should it materialise, will be limited to the demand and penalty specified.
Importantly, Bajaj Electricals has stated that this order will not affect the company’s operational, financial, or other activities.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).