Tax Demand Modified by Appellate Authority Against BGR Energy Systems Limited
BGR Energy Systems Limited has received an order from the Additional Commissioner of State Tax in Chhattisgarh, modifying a previous Goods and Services Tax (GST) demand order concerning the company. The appellate authority reviewed the matter and significantly reduced the aggregate GST demand against the listed entity.The decision was conveyed on June 10, 2026, by the Appellate Authority. The initial GST demand stood at Rs 33,65,67,267. Following the modification, the appellate authority confirmed an aggregate demand of Rs 21,04,87,008 against BGR Energy Systems Limited.
This outcome represents a relief amounting to Rs 12,60,80,259 for the company.
The action taken involves the order passed by the Additional Commissioner of State Tax, Chhattisgarh in Form GST APL-04, which modified the original demand order (Order No. ZD221223043890S) dated December 28, 2023. The matter relates to alleged GST demand concerning tax, interest, and penalty under applicable GST law provisions.
The key details of the regulatory action are presented below:
| Particulars | Details |
|---|---|
| Name of the Authority | Additional Commissioner of State Tax, Chhattisgarh |
| Nature of Action | Order passed in Form GST APL-04, modifying an earlier GST demand order. |
| Date of Order | 10-06-2026 |
| Original Demand Amount | Rs 33,65,67,267 |
| Modified Aggregate Demand | Rs 21,04,87,008 |
| Financial Relief Gained | Rs 12,60,80,259 |
As per the company's internal statement, there is no material financial impact on BGR Energy Systems Limited at this stage. The company has indicated that it plans to appeal against the order received from the Appellate Authority.
BGRENERGY Stock Price Movement
Shares of BGR Energy Systems Limited today slipped by 3.76% to settle at ₹334.00 after trading in the post-market session. The stock saw a traded volume of 87,623 shares during the day.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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