Bajaj Consumer Care Limited has informed the Exchange about Order passed by the Office of the Commissioner / Central Goods & Services Tax (Appeals), Dehradun, Uttarakhand
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Bajaj Consumer Care has received an order from the Commissioner of CGST (Appeals), Dehradun dated 22 May 2025, raising a tax demand of Rs 2.90 crore along with a penalty of Rs 2.81 crore, totalling about Rs 5.71 crore. The demand relates to alleged HSN classification mismatches and GST credit mismatch under sections 73 and 74 of the CGST Act, 2017. The company has stated that this will not impact its financial, operational, or other activities. It plans to contest the order at a higher appellate level.
The total financial exposure of around Rs 5.71 crore is relatively small compared to the company's size and is not expected to materially affect operations. However, an adverse final ruling could lead to additional cash outflow and remains a minor overhang for investors until the appeal is resolved.