FilingReader Intelligence

Escorts Kubota gets ₹18m tax penalty waived

August 13, 2025 at 07:15 PM UTCBy FilingReader AI

Escorts Kubota Limited announced that interest and penalty amounts totaling ₹18.13m imposed by the assistant commissioner in Guwahati, Assam, have been waived.

The penalty stemmed from an earlier tax demand of ₹16.48m related to ineligible input tax credit claims under the Goods and Services Tax Act. The waiver follows an order under section 128A of the CGST Act, 2017.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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