Office of the Commissioner of Customs has imposed a penalty upon the Suzlon Energy Limited. The company shall prefer an appeal against the order in due course of time. Name of the authority:- Office of the Commissioner of Customs (NS-V), Jawaharlal Nehru Customs House, Nhava Sheva, Taluka Uran, District Raigad, Maharashtra-400707.

Nature and details of the action(s) taken, initiated or order(s) passed:- Order-In-Original No.80/2024- 25/Commr/NS-V/CAC/JNCH dated 3rd July 2024 passed by the Commissioner of Customs, NS-V, JNCH imposing redemption fine of INR 80,000,000/- and a penalty of INR 75,446,172/- along with applicable interest, thus aggregating to INR 155,446,172/-. Order-In-Original No.84/2024- 25/Commr/NS-V/CAC/JNCH dated 5th July 2024 passed by the Commissioner of Customs, NS-V, JNCH imposing redemption fine of INR 20,000,000/- and a penalty of INR 22,850,048/- along with applicable interest, thus aggregating to INR 42,850,048/-. Date of receipt of direction or order, including any ad- interim or interim orders, or any other communication from the authority:- Order-In-Original received on 15th July 2024.

Order-In-Original received on 16th July 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed:- Alleging incorrect availment of benefit under Notification No.57/2017-Cus dated 30th June 2017 and benefit of IGST Sr. Nos. under notification No.01/2017- Integrate Tax (Rate) dated 28th June 2017.

Alleging non-payment of applicable Countervailing Duty and Anti-Dumping Duty under Notification No.1/2016-Customs (CVD) dated 19th January 2016 and/or Notification No.42/2017- Cus (ADD) dated 30th August 2017 on Casting parts imported from China. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible:- Redemption Fine of INR 80,000,000/- and a Penalty of INR 75,446,172/- along with applicable interest, thus aggregating to INR 155,446,172/-. Redemption Fine of INR 20,000,000/- and a penalty of INR 22,850,048/- along with applicable interest, thus aggregating to INR 42,850,048/-.