Tractors
Legal28 March 2026 at 05:01 pm

Escorts Kubota Ltd Faces Rs. 20,05,304/- Tax Demand Over Duplicate E-way Bills Due to Technical Bug

AI Summary

Escorts Kubota Ltd has been served a tax demand of Rs. 10,02,652/- along with applicable interest and a penalty of the same amount by the State Tax Officer of GST, Bhopal Division-1, Madhya Pradesh. The demand is in relation to the generation of duplicate E-way bills due to a technical bug on the portal. The company intends to file an appeal against the decision. The incident is expected to have an impact on the financial and operational activities of the listed entity, although the exact quantifiable amount is not specified in the document.

Key Highlights

  • Escorts Kubota Ltd faces a tax demand of Rs. 20,05,304/-
  • The demand is due to the generation of duplicate E-way bills caused by a technical bug
  • State Tax Officer of GST, Bhopal Division-1, Madhya Pradesh has confirmed the demand
  • The company plans to file an appeal against the decision
  • The incident is expected to have an impact on the company's financial and operational activities