Sanco Trans Receives ₹5.80 Lakh Customs Demand

Regulatory Action Details

Authority: Commissioner of Customs (Preventive), Office of the Commissioner of Customs (Preventive), Trichy, Tamil Nadu

Nature of Order: Recovery, Interest & Penalty under Section 75 and Section 114 of the Customs Act, 1962

Date of Receipt: October 28, 2026

Details of Alleged Violation: Alleged wrong availment of duty drawback by exporters:

1. M/s. J.M. Exports

2. M/s. Peaks Garments

Orders passed under Section 75 and Section 114 of the Customs Act, 1962.

Financial Impact

Quantifiable Monetary Impact: If accepted and paid, ₹5.80 Lakhs

Management Position: The management is confident of contesting the recovery amount, penalty, and interest before the appropriate legal forums as the company was acting as a custodian.