Escorts Kubota Limited — Others, 18-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
18-08-2025 | 05:58 pm
18-08-2025 | 05:58 pm
Escorts Kubota has received a significant GST refund order, sanctioning Rs. 46.37 Cr out of a Rs. 46.67 Cr claim. This refund stems from accumulated Input Tax Credit due to an inverted duty structure, providing a positive cash flow boost. A minor portion of Rs. 0.2978 Cr was rejected based on ineligible ITC, which the company intends to appeal. This development enhances the company's working capital and overall financial health.
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