BGR Energy Settles ₹634 Cr Rajasthan VAT Case for ₹29 Cr Under Amnesty Scheme

• BGR Energy Systems Ltd opted for the Rajasthan VAT Amnesty Scheme, 2022, to settle outstanding VAT demands.
• The settlement addresses VAT demands from financial years 2009–10, 2010–11, and 2011–12.
• The company paid ₹29.1 crore under the scheme, receiving a relief of ₹606.43 crore from the original ₹634 crore demand.
• Interest, penalty, and late fees were waived as per the scheme's provisions.
• The settlement closes legacy VAT demands and has no adverse impact on the company's operations.