NTPC to Appeal ₹19.96 Crore GST Order from Bihar CGST Authority; Says No Financial Impact
New Delhi, February 27, 2026: NTPC Limited (BSE: 532555 | NSE: NTPC) has informed stock exchanges that it has received a tax order from the Additional Commissioner, CGST & Central Excise, Patna-1 (Bihar) demanding payment of tax, interest and penalty under the CGST Act and Bihar GST Act.
The Corporation clarified that it will file an appeal before the First Appellate Authority, CGST & Central Excise (Appeals), Patna, within the prescribed timeline.
Importantly, NTPC stated that the order will have no material impact on its financials, operations or other business activities.
Key Details of the GST Order
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Authority: Additional Commissioner, CGST & Central Excise, Patna-1
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Order No.: 57/GST/ADC/2025-26
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Order Date: February 27, 2026
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Financial Years Involved: 2019-20 & 2020-21
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Section Invoked: Section 74 of CGST Act, 2017 and Bihar GST Act, 2017
Nature of Alleged Violation
The order pertains to the reversal of Input Tax Credit (ITC) in respect of credit notes where ITC was allegedly not availed.
Amount Demanded
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Tax: ₹9,98,48,534
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Interest: As applicable
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Penalty: ₹9,98,48,534
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Total Demand: ₹19,96,97,068 (excluding applicable interest)
The order was communicated to the company on February 27, 2026 at 16:15 PM.
Company’s Response
NTPC has confirmed that it will challenge the order before the appropriate appellate authority. The company also emphasized that the matter does not materially affect its financial position or operations, providing reassurance to investors.
The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.