Tata Motors Limited received the Order passed on November 22, 2024 by the Assistant Commissioner of State Tax, Patliputra Circle, Commercial Taxes Department, Bihar, received on November 23, 2024 by Tata Motors Limited. Order passed under Section 73 of the CGST/SGST Act, 2017. The Company has received an Order from the Authority levying penalty of INR 2,492,114 on account of short payment of tax and excess availment of credit under section 73 of the CGST/SGST Act, 2017.

There is no material impact on financial and operational activities of the Company on account of this Order. The Company is reviewing the Order and will exercise right to file appeal.