Action(s) initiated or orders passed

VA Tech Wabag Limited announced it has received a GST order dated June 19, 2026, from the Principal Commissioner of Central Tax, Bengaluru. The order rejects the company's rectification application, which sought to correct errors in a prior GST assessment for the financial year 2019-20 under Section 73 of the CGST Act. While the original demand order was passed with applicable interest, specific financial figures for the demand or penalties were not disclosed in this intimation. For investors, this means the company's attempt to remedy a previous GST assessment has been denied, implying the original tax liability, along with any associated interest or penalties, likely stands, with its full financial impact currently unquantified.