ABB India has received an order imposing a penalty of ₹32.07 lakh for tax-related discrepancies. The company plans to appeal the order, expressing confidence in a favorable outcome. While the penalty relates to alleged short payment or assessment, ABB does not anticipate any material impact on its financial standing.
Tax Penalty Assessment
ABB India has been notified of a penalty amounting to ₹32.07 lakh related to the CGST Tax Act, 2017. This penalty was imposed due to an assessment of tax short paid or liability short assessed, according to an official announcement released on December 30, 2025.
Company’s Response and Outlook
ABB India intends to file an appeal against the order. The company believes that it has a strong case and expects a positive resolution at the appellate level. Based on its internal assessment, ABB does not foresee any significant material impact on its financial condition due to this order.
Source: BSE
