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Escorts Kubota Limited has announced a closure of tax proceedings related to a GST demand of INR 1,11,900 by the Deputy Commissioner, Begumpet division, Hyderabad. The company discharged the tax liability after the applicable interest and penalty of INR 20,000 were waived under the GST Waiver Scheme. This resolution removes the pending tax issue, ensuring no further financial burden or operational impact related to this matter for shareholders.