Carraro India Limited has informed the exchange about receipt of favorable order from the office of Commissioner of Customs, Pune.

CARRARO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.2%1-day move

₹576.30

prior close

₹578.10

base price

After-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

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AI summary

Carraro India has received a favourable order from the Office of the Commissioner of Customs, Pune, dated 7th May 2026. This resolves a Show Cause Notice issued in September 2025 regarding a short levy of IGST at 10%. The tax demand of Rs. 6,37,26,310 (approximately Rs. 6.37 crore) has been completely dropped following the company's submissions and representations before the tax authorities. The order was received on 8th May 2026. This reduces the company's contingent liability by the same amount.

Likely market impact

Positive development for the company as it eliminates a significant contingent liability of Rs. 6.37 crore, improving financial clarity and reducing regulatory risk.