ABB India has received a penalty of ₹72,56,746 from the Assistant Commissioner of CGST & Central Excise, Nasik, due to non-payment of GST on free of cost sales from fiscal year 2019-20 to 2021-22. The company plans to appeal the order and anticipates a favorable outcome, expecting no material impact.
Penalty Imposed
ABB India has been issued a penalty order by the Office of the Assistant Commissioner of CGST & Central Excise, Nasik. The penalty amounts to ₹72,56,746. The penalty is related to non-payment of GST on free of cost sales.
Details of Non-Compliance
The penalty was imposed under Section 74(1) of the CGST/MGST Act, 2017. The non-payment pertains to GST on free of cost sales for the fiscal years 2019-20, 2020-21, and 2021-22.
Company’s Response
ABB India plans to file an appeal against the order. The company anticipates a favorable outcome at the appellate level. Based on current assessment, ABB India does not expect the order to have any material impact on its operations or finances.
Order Receipt Date
The order, dated August 28, 2025, was received by the company on September 8, 2025.
Source: BSE
