Bajaj Electricals Limited announced that the Company has received a rectification order dated July 9, 2024 from the Office of the Deputy Commissioner of State Tax, Central Goods and Services Tax, Indore Division 2 (Indore-10), Indore Zone-I, Madhya Pradesh ("GST Authority"), issued under Section 73 of the Goods and Service Tax Act, 2017, whereby the said GST Authority reversed the alleged penalty of INR 0.191 million to `Nil' and closed the case in its records.
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- GST Authority Reverses the Alleged Penalty of INR 0.191 Million to `Nil' for Bajaj Electricals Limited