Uno Minda Limited has received a penalty order from the Excise & Taxation Department, Haryana, regarding a short tax paid on outward supply for FY 2018-19. The company has been asked to pay ₹37,26,234 in tax, ₹41,67,663 in interest, and a penalty of ₹37,26,234. Uno Minda intends to contest the order.
Penalty Order Details
Uno Minda Limited received a penalty order on December 31, 2025, at approximately 07:15 P.M. (IST) from the Excise & Taxation Department, Haryana.
Financial Implications
The order pertains to Section 74 of the HGST/CGST Act, 2017, for FY 2018-19. The authority has demanded payment for short tax paid on outward supply, which includes:
Company Response
Uno Minda intends to contest the order based on its merits. The company does not anticipate any material adverse effects on its financial standing or operations because of this order.
Source: BSE
