hypeless
Back to the news

Companies

BHEL wins relief as tax department drops ₹207-crore GST demand

Reported by: CNBC TV18 ·

WhatsApp

Bharat Heavy Electricals

Summary

CNBC TV18 reported that BHEL, the state-run power equipment maker, got relief after the Telangana Commercial Tax Department dropped its entire GST demand of ₹207.26 crore for FY23, along with interest and penalty. The outlet said that with this order, the demands for FY22 and FY23 have both been dropped. GST is the goods and services tax levied on the supply of goods and services; a demand notice is the tax department's claim that a company underpaid. FY23 means the financial year from April 2022 to March 2023. The report does not say what the demand was about or whether BHEL had made any provision for it.

AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18

Sources

Every outlet that reported this story. Each link opens the outlet's own article.

What each outlet wrote

The same news, in each outlet's own headline. Open one to read their full story.

CNBC TV18  · · Tone 0

BHEL wins relief as tax department drops ₹207-crore GST demand

BHEL has received relief from a ₹207.26 crore GST demand for FY23 after the Telangana Commercial Tax Department dropped the entire claim, along with interest and penalty. With the latest order, demands for FY22 and FY23…

Some headlines quote an analyst. Those views are theirs, not ours.

Key terms

Words in this story, explained in plain language in our Learn pages.

  • tax

    A general guide to how profits from shares, mutual funds and deposits are taxed in India: short-term vs long-term, holding periods, dividends and why to check current rules.

    Learn: Taxes on investment gains in India

Earlier coverage

What outlets reported about the same company before this story, newest first.

Ask Hypeless about this story

Ask what it means, what a term in it means, or what other outlets said. Answers use only these outlets' headlines.

Ask Hypeless