Escorts Kubota Limited announced that Superintendent, Central Goods and Services Tax Range XXXII, Jaipur, Rajasthan raised demand of INR 3,060, Interest @18% on INR 3,060 is not quantified in the order, on account of wrong availment of input tax credit and raise demand in regard to interest of INR 84,094 on late payment of tax and penalty thereof. Tax demand of INR 3,060 on account of wrong availment of input tax credit along with penalty of INR 20,000 and interest demand of INR 84,094 on account of late payment of tax along with penalty of INR 26,274.
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- Superintendent, Central Goods and Services Tax Range XXXII, Jaipur, Rajasthan Imposes Penalty on Escorts Kubota Limited