Bajaj Auto Limited Receives Favorable Order Setting Aside Tax Demand and Penalties
Bajaj Auto Limited has secured a favorable order regarding a tax appeal, resulting in the setting aside of a significant tax demand along with associated interest and penalties. The company received this decision on June 8, 2026.The order was passed by the Commissioner (Appeals), Guwahati, concerning an appeal under section 107(11) of the CGST Act, 2017. This legal resolution has a direct positive impact on the company's financial standing.
According to the details provided in the ruling, the entire tax demand amounting to Rs 3,51,87,014 has been set aside. Additionally, interest and penalty totaling Rs 35,18,701 have also been reversed by the Appellate Authority.
BAJAJ-AUTO Stock Price Movement
Shares of Bajaj Auto Limited are edging higher to ₹10278 as of 1:42 PM today, gaining ₹47.00 or 0.46% in live trading. The stock sees significant activity as 169,218 shares trade during the current market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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