Suzlon Energy Limited announced that letter dated 27th December 2023 reporting levy of penalty of INR 13,605,479/- upon the Company by Rajasthan GST Department on the ground that the Company has claimed excess Input Tax Credit of GST during the Fiscal Year 2017-18. This is to inform that on the representation by the Company, the Rajasthan GST Department has rectified its order and reduced the penalty by INR 12,716,541/- to INR 888,938/-.
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