BHEL wins GST case with ₹31-crore tax demand quashed

The case pertained to a show-cause notice issued on December 26, 2023, under Section 73 of the CGST Act, 2017, involving a demand of ₹31.20 crore along with applicable interest and penalty. Shares of Bharat Heavy Electricals Ltd ended at ₹214.80, up by ₹2.58 or 1.22%, on the BSE today (September 2)

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