NSEAction(s) taken or orders passed30 Jun 2026 · 30 Jun 2026, 04:56 pm

Action(s) taken or orders passed

Bajaj Auto Limited · BAJAJ-AUTO

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Bajaj Auto Limited has received a favourable order from the Commissioner (Appeals-I), Central Tax, Pune, setting aside the demand of Rs. 74,818 along with applicable interest & penalty of Rs. 74,818, related to alleged wilful suppression of non-reversal of ITC for sale of MEIS scrips for the period July 2017 to March 2020.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Bajaj Auto Limited has informed the Exchange about Order passed

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lkwalimbe_bajajauto_co_in_30062026165641_SE_Intimation_Order_30_June_2026.pdf

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30 June 2026 To, To, Corporate Relations Department Corporate Listing Department BSE Limited National Stock Exchange of India Ltd. Floor, New Trading Ring Rotunda Building, Exchange Plaza, Floor Plot No.C-1, P J Tower Dalal Street, G Block Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE Code: 532977 NSE Code: BAJAJ-AUTO Sub: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations, 2015”) Dear Sir / Madam, This is with reference to our intimation to stock exchange(s) dated 31 January 2025, regarding the details of Order received on 30 January 2025 passed by Superintendent, Range-I, Central Tax, Division I (Talegaon), Pune I Commissionerate for alleged wilful suppression of non-reversal of ITC for sale of MEIS scrips for the period July 2017 to March 2020 amounting to Rs. 74,818 along with applicable interest & penalty of Rs. 74,818. Pursuant to the provisions of Regulation 30 read with sub-para 20, Para A, Part A, Schedule III of the Listing Regulations, 2015 and in furtherance to the said intimation please find mentioned below the details of the Order passed in favour of the Company setting aside the said demand: Name of the authority Additional Commissioner (Appeals-I), Central Tax, Pune. Nature and details of the action(s) taken, Order in Appeal under section 107(11) of CGST initiated or order(s) passed Act, 2017. Date of receipt of direction or order, including 30 June 2026 at 10:00 a.m. any ad-interim or interim orders, or any other communication from the authority Details of the violation(s) / NA contravention(s) committed or alleged to be committed Impact on financial, operation or other The Company has received favourable order from activities of the Company, quantifiable in Commissioner (Appeal) wherein the Commissioner monetary terms to the extent possible has dropped the allegation of wilful suppression of non-reversal of ITC on sale of MEIS scrips for July 2017 to March 2020 and set aside the Order issued under Section 74 of CGST Act, 2017. This is for your information and records. Yours faithfully, For Bajaj Auto Limited Rajiv Gandhi Company Secretary & Compliance Officer ACS 11263 Registered Office Akurdi Pune 411035 India CIN L65993PN2007PLC130076 investors@bajajauto.co.in