The penalty confirmation was received on July 24, 2024. Escorts Kubota has expressed its intention to appeal against the order, citing the penalty as a result of an unintentional clerical mistake. The financial impact of this penalty is significant.
This incident shows the importance of meticulous compliance with GST regulations and the severe repercussions that even minor clerical errors can entail.
Escorts Kubota remains committed to addressing the issue through the appropriate legal channels and ensuring such errors are avoided in the future, the company said.
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