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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Belrise Industries Ltd

Belrise Industries receives GST order confirming demand of Rs. 1,51,026

REGULATORY ◆ Monitor Closely LOW RISK
📅 Filed on BSE: 30 Oct 2026, 05:31 PM IST  ·  BSE ID: 659b015f-b9cc-4717-996e-5c934d6b354e
View Original BSE Filing (PDF)
💡
In Simple Terms
The company was ordered to pay Rs. 1,51,026 in taxes, interest, and penalties by the GST department.
🤖 AI Summary
  • Belrise Industries received GST order confirming Rs. 1,51,026 demand including interest and penalty.
  • Order pertains to FY 2023-24, alleging ineligible Input Tax Credit (ITC) and ITC from cancelled supplier.
  • The GST authority confirmed a portion of the demand, interest, and penalty for specified expenses.
  • Company states there is no material impact on operations and is evaluating legal remedies.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Tax Demand
Rs.18,626
Interest
Rs.1,12,400
Penalty
Rs.20,000
Total Demand
Rs.1,51,026
🏢 How This Affects the Company
📈
Business Impact
The company states there is no material impact on its operations or business activities.
💰
Financial Impact
A tax demand of Rs. 18,626, interest of Rs. 1,12,400, and penalty of Rs. 20,000, aggregating to Rs. 1,51,026, has been confirmed.
⚙️
Operational Impact
No operational impact is reported by the company.
⚠️
Risk Impact
The company is evaluating legal remedies, indicating potential further costs associated with appeals.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders.
👤
Who Is Affected
All shareholders are affected by the confirmed financial liability, however small, and management's strategy to address it.
🔍
Management Signal
Management signals a proactive approach by evaluating legal remedies and promptly disclosing the order.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's appeal filing status against GST order.
Resolution of the GST matter and any financial adjustments.
Future GST compliance disclosures.
LOW RISK Confirmed financial impact is minimal; company is evaluating legal remedies.
💡 Investor Takeaway
Belrise Industries confirmed a Rs. 1,51,026 GST demand, interest, and penalty for FY 2023-24, citing no material operational impact and evaluating appeals.
⚖️ Strengths & Concerns

✅ Positives

  • Company has confirmed no material impact on operations or business activities from the GST order.

⚠️ Concerns

  • Order confirms a tax demand of Rs. 18,626, interest of Rs. 1,12,400, and penalty of Rs. 20,000.
❓ Frequently Asked Questions
What is the total amount Belrise Industries was ordered to pay by the GST authority?
The GST order confirms a tax demand of Rs.18,626, interest of Rs.1,12,400, and penalty of Rs.20,000, aggregating to Rs.1,51,026.
What was the reason for the GST order against Belrise Industries?
The order pertains to alleged ineligible availment of Input Tax Credit (ITC) relating to specified expenses and ITC from a supplier whose registration was cancelled.
What is the financial impact of the GST order on Belrise Industries?
The company states there is no material impact on its operations or business activities, despite the confirmed demand.
What action is Belrise Industries taking regarding the GST order?
Belrise Industries is evaluating appropriate legal remedies, including filing an appeal against the order.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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