BGR Energy Systems Limited has informed the Exchange that the company has received the demand order under GST
BGRENERGY · price
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BGR Energy Systems has received an Order-in-Original dated 31 December 2025 from the Joint Commissioner of GST (Guntur–Visakhapatnam–Amaravathi Commissionerate) under Sections 74 and 122 of the CGST Act, 2017. The order covers the period April 2018 to March 2021 and alleges short/non-payment of GST on certain taxable supplies. The base tax demand is about Rs. 16.06 crore, with the total amount payable (including penalties and other charges) aggregating to approximately Rs. 32.11 crore. The company has stated it will be filing an appeal against this order.
The Rs. 32.11 crore demand is a material liability for the company and could pressure cash flows and profitability if the appeal fails. However, since the company intends to contest it, the immediate financial impact is not certain and the market may wait for clarity on the appeal outcome.