Gujarat High Court Quashes Rs. 18.49 Crore GST Demand Order Against Bajaj Healthcare

Gujarat High Court Quashes Rs. 18.49 Crore GST Demand Order Against Bajaj Healthcare

Bajaj Healthcare Limited has recently issued a regulatory filing dated December 06, 2025, addressed to the BSE Limited and National Stock Exchange of India Limited, in pursuance of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Previously, the company vide intimation dated October 29, 2024, informed that it had received a GST order dated October 25, 2024, passed by the Company by Joint Commissioner, Vadodara-II. The order imposed a tax/cess demand of Rs. 18.49 crore on the company.

The said demand order was issued by the tax department because the Company claimed a GST refund of Input Tax Credit (ITC) for exports using the wrong rule. They had used Rule 89(4) instead of Rule 89(4A) or 89(4B), which were actually the correct rules for their refund type.

Anyways, the company was eligible to receive a GST refund of Rs. 17.41 crore as Input Tax Credit (ITC), even if we accept what the order says. Still, the Company was planning to file an appeal challenging the said order before the Appellate Authority.

On December 6, 2025, the company filed an appeal before the Hon’ble High Court, Gujarat, challenging the demand order dated October 25, 2024. Through the present regulatory filing, the company has informed us that the Gujarat High Court has ruled in its favour and has quashed the GST order dated October 25, 2024. December 06, 2025, was the date to download the order from the official website of the Gujarat High Court. As per the information shared by the company, as of now, it has not received any physical/email copy of the said order.

The company further highlights that this action does not impact its financials, operations or other activities.