HEROMOTOCO NSE filing

Hero MotoCorp Receives Order from State Tax Authority, Lucknow

The RealCase readLow impact Neutral

Hero MotoCorp received an order from the State Tax Authority, Lucknow, with a tax demand of ₹1.11 crore and a penalty of ₹11.10 lakh. The company will file an appeal.

Why it matters

The company states that there is no material impact on financials, operations, or other activities.

The market read

The announcement reports on a tax demand, but the company is contesting it, suggesting a neutral outlook.

* Hero MotoCorp Ltd. received an order dated December 8, 2025, from the Office of the Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh. * The order, under Section 73 of CGST Act/UP GST Act for the financial year 2021-22, raises a tax demand of ₹1,10,99,508 and a penalty of ₹11,09,949, plus applicable interest under Section 50 of the UP GST Act. * The tax demand alleges excess claim of Input Tax Credit (ITC) due to mismatch of ITC as per GSTR-2A/2B and GSTR-3B, and incorrect claim of blocked ITC under Section 17(5) of the CGST Act/UP GST Act. * Hero MotoCorp believes the tax demand is not maintainable in law and will take appropriate steps, including filing an appeal. * The company does not foresee any material impact on its financials, operations, or other activities.

Filing to action

What to do with a filing like this

Hero MotoCorp Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Hero MotoCorp Limited. Read the original for the full detail.

View original filing