Bajaj Electricals discloses an adverse GST appeal order dismissing its challenge against a ₹16.42 lakh demand for excess input tax credit.
The order, received May 15, 2026, from the Joint Commissioner, Secunderabad, upholds the original August 2024 demand and penalty.
Management is evaluating legal remedies including an appeal to the appellate tribunal or a writ before the High Court.
The company states the financial impact is limited to the demand amount with no operational or other activity impact.