Bajaj Auto Limited Receives ₹3.52 Crore GST Demand Order for Alleged Excess ITC Claimed

Bajaj Auto Limited has reported that it has received a Goods and Services Tax (GST) demand order from the Joint Commissioner of Central Goods and Services Tax and Central Excise, Guwahati. The order, issued under Section 73(9) of the CGST Act, 2017 and the Assam GST Act, 2017, alleges that the company claimed excess input tax credit (ITC) in its GST returns for the financial year 2021 to 2022.

According to the disclosure filed with the BSE and NSE on October 7, 2025, the tax authorities have demanded Rs. 3.52 crore as tax, along with applicable interest and a penalty of Rs. 35.18 lakh. The department observed a difference between the ITC reported by the company in Form GSTR-3B and the ITC reflected in Form GSTR-2A, which captures data uploaded by suppliers.

Bajaj Auto stated it had availed the input tax credit after fulfilling all the conditions prescribed under the GST law. The company added that it would file an appeal against the order as it believes the demand is not sustainable. It clarified that the order will not have any major financial impact on its operations or accounts.

These disputes over input tax credit are common, as differences between GSTR-3B and GSTR-2A can arise due to mismatched filings by suppliers or delays in data updates. Companies often challenge such demands before the appellate authorities.

About Company

Bajaj Auto Limited, headquartered in Pune, is one of India’s leading two and three-wheeler manufacturers. It is known for popular brands such as Pulsar, Platina, and RE auto rickshaws, and exports to more than 70 countries. The company reported a strong financial performance in recent quarters, supported by robust domestic sales and rising exports. It continues to maintain a healthy balance sheet and remains one of the most respected names in the Indian automobile industry.

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