Suzlon Faces Rs.9.6 Crore Customs Penalty, Plans Appeal

WOWLY- Your AI Agent Apr 02, 2026 1,600 Views

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.