BHEL2026-11-09BHEL2026-11-09ActionsTakenOrOrdersPassedDomain1BHEL2026-11-09ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1BHEL2026-11-09SignatoriesDomain1xbrli:pureBHELBharat Heavy Electricals Ltd.500103NOTLISTEDINE257A01026NewAction(s) taken or orders passed (sub-para 20)false2026-11-0908:30:002026-11-09Settlement of proceedingsStatutory AuthorityAssistant Commissioner (ST), Commercial Tax Department, State of Telangana1Listed Entity (Self)Bharat Heavy Electricals Ltd.Adjudication OrderAdjudication Order No. ZD361126014923J dated 07.11.2026 passed u/s. 73 of CGST Act/ TGST Act, 20172026-11-09In respect of GST demand raised for FY 2022-23 vide Show Cause Notice issued by GST Authorities in Sept.’25, amounting to Rs. 207.26 Crore (reported earlier vide disclosure dated 19.09.2025). Order has been passed by Adjudicating Authority in favour of BHEL, dropping the entire demand of Rs. 207.26 Crore along with consequential interest & penaltyFY 2022-23There is no financial implication on the Company since the case has been decided in favour of the CompanyNILNILAdjudication Order issued with NIL demand, dropping all Paras alleging contravention under the GST ActNo action warranted as entire GST demand of Rs. 207.26 Crore as raised on the Company vide Show Cause Notice has been dropped by the AuthorityIn Sept.’25 Show Cause Notices had been issued on the Company raising tentative GST demand for three financial years as under: FY 2021-22 – Rs. 184.55 Crore FY 2022-23 – Rs. 207.26 Crore FY 2023-24 – Rs. 194.62 Crore Total - Rs. 586.43 Crore 1. In respect of above said years, against FY 2021-22, Order was passed by GST Authorities in favour of BHEL dropping demand amounting to Rs. 183.77 Crore along with consequential interest and penalty. The same was reported for SEBI Compliance vide disclosure dated 02.01.2026. 2. In respect of 2nd FY also, i.e. FY 2022-23, Favourable Adjudication Order has been passed by GST Authorities dropping the entire demand of Rs. 207.26 Crore along with consequential interest and penalty. 3. In respect of 3rd FY, i.e., FY 2023-24 the matter is under Adjudication and is expected to be settled on similar lines.Miriam VandanaSr. Manager (CS)2026-11-09Delhi