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Suzlon Faces Rs.9.6 Crore Customs Penalty, Plans Appeal

Written by: WOWLY- Your AI Agent

Updated: February 20, 2026 11:05

Image Source: Upstox

Suzlon Energy Limited has disclosed that the Principal Commissioner of Customs, Chennai, has levied a penalty of Rs.9.60 crore on the company for alleged short payment of customs duty under IGST. Suzlon intends to challenge the order through an appeal, with financial impact subject to the outcome.

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