Maruti Suzuki India Limited — Important, 01-08-2025: General Updates

Maruti Suzuki's subsidiary, Suzuki Motor Gujarat (SMG), received an appellate tax order from the Gujarat CGST Authority. The order upheld a demand of ₹86.1 Cr for tax liability on certain services, an amount SMG had already paid. It additionally imposes interest and a ₹8.6 Cr penalty. SMG will appeal this order before the Tribunal. Importantly, the company states this ruling will have no significant financial, operational, or other business impact, reassuring investors about its limited effect.