Escorts Kubota Limited Faces Tax Demand Following Portal Technical Issue
Escorts Kubota Limited announced that the State Tax Officer of GST, Bhopal Division-1, Madhya Pradesh, confirmed a tax demand of 10,02,652 Rupees along with applicable interest and a penalty of 10,02,652 Rupees. The assessment stems from the generation of duplicate E-way bills attributed to a technical bug on the portal.The incident occurred on March 28, 2026, at 2:07 PM (IST). The company intends to file an appeal before the appellate authority regarding the matter. The tax demand is expected to impact the company’s financial activities.
Below is a summary of the details released:
| Particulars | Details |
|---|---|
| Name of the authority | State Tax Officer of GST, Bhopal Division-1, Madhya Pradesh |
| Nature and details of the action(s) taken, or order(s) passed | Confirmed the tax demand of 10,02,652 Rupees along with applicable interest and a penalty of 10,02,652 Rupees on the issue of generation of duplicate E-way bills due to technical bug on the portal. The Company intends to file an appeal against the said matter. |
| Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | March 28, 2026 |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.