Suzlon Energy: Faces GST Penalty of ₹23.14 Lakhs in Gujarat

Suzlon Energy has been penalized ₹23.14 Lakhs by the State Tax officer in Jamnagar, Gujarat, concerning GST. The company plans to recover the amount from the transporter involved and will appeal the order. This event does not expected to have any significant impact on Suzlon’s financial or operational activities. The notice was dated September 18, 2025.

GST Penalty Details

Suzlon Energy has received a penalty of ₹23.14 Lakhs from the State Tax officer – GST, Mobile Squad Jamnagar, Gujarat. This penalty was levied due to a violation of e-way bill provisions under the GST Act, 2017.

Company Response

Suzlon Energy intends to recover the penalized amount from the erring transporter. The company has also stated that it will file an appeal against the order with the appropriate authorities. This announcement was officially made on September 18, 2025.

Minimal Impact Expected

Suzlon Energy anticipates that this penalty and the related recovery efforts will not have any substantial impact on its financial operations or other activities. The company considers the GST contravention to be procedural in nature.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!