Escorts Kubota Limited: GST Penalty of ₹13.33 Lakhs Dropped by Appellate Authority
Escorts Kubota Limited has received a significant update regarding a penalty previously imposed by the Assistant Commissioner of GST, Agra. The company had been informed on March 13, 2025, about a pen...
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Why is Escorts Kubota Limited in the news today?
Escorts Kubota Limited (ESCORTS) is in the news due to the company received a favorable outcome in a tax litigation case where a penalty was dropped.
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Escorts Kubota Limited: GST Penalty of ₹13.33 Lakhs Dropped by Appellate Authority
December 19, 2025, 11:02 AM
Escorts Kubota Limited has received a significant update regarding a penalty previously imposed by the Assistant Commissioner of GST, Agra. The company had been informed on March 13, 2025, about a penalty of ₹13,33,440 levied due to a procedural issue in documentation.
Following an appeal filed by the Company, the Additional Commissioner, Grade-2 (Appeals), Agra, Uttar Pradesh, has now passed an order dropping the aforementioned penalty. This favorable outcome was communicated on December 18, 2025, at 06:09 P.M. (IST).
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