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✦Reported by cnbctv18

BHEL wins relief as tax department drops ₹207-crore GST demand

BHEL wins relief as tax department drops ₹207-crore GST demand
Source: cnbctv18

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓BHEL got major relief as the Telangana Commercial Tax Department dropped a ₹207.26 crore GST demand for FY23.
  • ✓The company said there would be no financial impact after this order.
  • ✓While demands for FY22 and FY23 are now gone, the ₹194.62 crore GST matter for FY24 still remains under adjudication.

Story at a Glance

Category
Indian Markets
Reported By
cnbctv18
Reading Speed
2 Minute(s)
Market Focus
India Economy

BHEL has received relief from a ₹207.26 crore GST demand for FY23 after the Telangana Commercial Tax Department dropped the entire claim, along with interest and penalty. With the latest order, demands for FY22 and FY23 have been dropped, while the ₹194.62 crore FY24 matter remains under adjudication.

Bharat Heavy Electricals (BHEL) has received an adjudication order from the Telangana Commercial Tax Department dropping the entire Goods and Services Tax (GST) demand of ₹207.26 crore raised against the company for the financial year 2022-23.

The order, dated November 7, 2026, was issued by the Assistant Commissioner (State Tax), Commercial Tax Department, Telangana. BHEL received the communication on November 9, 2026, according to an exchange filing.

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