Key Quantitative Figures
The customs order demands payment of ₹48,81,256/- (Rupees Forty Eight Lakh Eighty One Thousand Two Hundred Fifty Six Only). This amount represents:
- Tax/duty: ₹48,81,256/-
- Interest: As applicable under Section 28AA of the Customs Act, 1962
- Penalty: ₹48,81,256/-
Dates and Timeline
- Order receipt date: June 17, 2026
- Order receipt time: 10:39 A.M. (IST)
- Disclosure date: June 17, 2026
Company Response and Impact Assessment
The Company intends to contest against the said orders based on the merits of the case. The Company does not foresee any material impact on its financial, operational, or other activities.