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Every Cummins India legal & regulatory announcement on NSE and BSE, newest first, each with its own page.
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Cummins India received a CGST order from the Jaipur Commissionerate demanding Rs 5.19 Crore IGST plus an equal penalty for FY2020-21 to 2023-24. The company is evaluating an appeal, and the impact is not yet quantified.
Cummins India received an income tax penalty order of ₹0.95 Crore for assessment year 2018-19, which the company is currently evaluating for potential legal remedies.
Income Tax Department appealed to Bombay High Court against ITAT's relief to Cummins India. The estimated financial impact is approximately Rs. 72.88 Crore.
Cummins India disclosed that the High Court has stayed the implementation of the labour order, leaving the dispute pending. No material financial impact is expected.