Bajaj Electricals Limited Receives Appeal Order Regarding GST Demand
Bajaj Electricals Limited announced on March 31, 2026, that it received an Appeal Order from the Office of the Commissioner (Appeals), Central Excise, Customs & Central Goods and Services Tax, Jaipur. The order pertains to a previous assessment issued by the Additional Commissioner, Circle-I, Jaipur III, Rajasthan, concerning delayed reporting of sales invoices.The Appeal Order, dated March 26, 2026, upholds a total demand of Rs. 80.75 lakh, which initially included a general penalty of Rs. 34.42 lakh. The company had previously appealed this assessment.
Bajaj Electricals Limited had withdrawn its appeal for the fiscal year 2017-18 and submitted an application for an amnesty scheme to waive interest and penalties, but has not yet received a corresponding order. The Appellate Authority issued the Appeal Order covering the demand for both FY 2017-18 and FY 2018-19 despite the withdrawal.
The company's management is currently evaluating legal options, including potential appeals to an appellate tribunal or a writ petition to the High Court. The potential financial impact is limited to the amount of the demand and levied penalty. The order is not expected to affect the operational, financial, or other activities of the company.
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