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Bharat Petroleum Corpn. Ltd. — Regulatory Filings 2025
Feb 5, 2025
62814_rns_2025-02-05_6376e653-cfc9-41bd-9ca9-e08dcd68c1b8.pdf
Regulatory Filings
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Sec.3.4.1
5[th] February 2025
The Secretary, The Secretary BSE Ltd., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No C/1, Dalal Street G Block, Bandra-Kurla Complex, Mumbai 400 001 Mumbai 400051 BSE Scrip Code: 500547 NSE Symbol : BPCL
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
In terms of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform that the Company has received Orders from i) Commercial Tax Officer, Chandigarh dated 30[th] January 2025, and ii) Assistant Commissioner, GST, Kochi dated 3[rd] February 2025. Both Orders were received by the Company on 4[th] February 2025.
Requisite details are enclosed herewith.
We request you to take the same on record.
Thanking you,
Yours faithfully, For Bharat Petroleum Corporation Limited KALA Digitally signed by VAIDYANAT KALA VAIDYANATHAN Date: 2025.02.05 HAN 19:31:49 +05'30' (V. Kala) Company Secretary
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Annexure
| Sr. No | Particulars | ||
|---|---|---|---|
| 1 | Name of the authority | Commercial Tax Officer, Chandigarh |
Assistant Commissioner, GST, Kochi |
| 2 | Nature and details of the action(s) taken, initiated or order(s) passed; |
Incorrect levy of GST demand for FY 2020-21 |
Disallowance of the Input Tax Credit due to vendor default for FY 17-18 & FY 18-19 |
| 3 | Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority |
04.02.2025 | 04.02.2025 |
| 4 | Details of the violation(s) /contravention(s) committed or alleged to be committed |
GST department has unilaterally levied GST demand on BPCL amounting to Rs.20.35 crores and penalty of Rs. Rs.2,03,75,608.00/- (10% of basic) for FY 2020- 21. BPCL has filed for a rectification order request. |
Basic demand as per order: Rs.24,55,289/- Penalty as per order : Rs.24,55,289/- (100% of basic) BPCL will file an appeal. |
| 5 | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible |
No material impact | No material impact |
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