Escorts Kubota Ltd
Escorts Kubota Wins Tax Relief: ā¹46.79 Crore Demand Dropped šā
ā¢ Escorts Kubota received an order on March 26, 2026, dropping a tax demand of ā¹46.79 Crores plus interest and penalty for FY 2019-20.
ā¢ The tax demand was contested due to incorrect classification of agricultural tractors as road tractors.
ā¢ The company also challenged the tax computation being applied on total GST turnover rather than only tractor turnover.