StockWatch
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Heavy Electrical Equipment
Legal9 Nov 2026, 05:00 pm

BHEL Wins GST Case, ₹207.26 Crore Demand Dropped

AI Summary

Bharat Heavy Electricals Limited (BHEL) has received an Adjudication Order from the Assistant Commissioner (ST), Commercial Tax Department, Telangana, dropping the entire Goods and Services Tax (GST) demand of ₹207.26 Crore raised for the Financial Year 2022-23. This demand was initially issued via a Show Cause Notice in September 2025. The order also drops any consequential interest and penalty. This favorable outcome means there are no financial implications for the company. BHEL had previously received a favorable order for FY 2021-22, dropping a demand of ₹183.77 Crore. The adjudication for FY 2023-24 is ongoing and is expected to be settled similarly.

Key Highlights

  • BHEL wins GST adjudication for FY 2022-23.
  • Entire demand of ₹207.26 Crore dropped.
  • No financial implications or penalties for BHEL.
  • Previous favorable order received for FY 2021-22.
  • Adjudication for FY 2023-24 is pending.