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Bharat Bijlee Limited has received a tax demand order from the CGST authority amounting to ₹25.26 crore, related to non-payment of GST on leasehold rights compensation. However, the company maintains that this demand is unjustified and plans to appeal the order, supported by legal advice indicating that the transaction is not subject to GST. While there are no material impacts on the company's financials or operations from this order, it may introduce some uncertainties that investors should monitor. Overall, this situation leans towards a neutral impact for shareholders at present.