Customs order sets duty, fine and penalty at about Rs 2.11 crore
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A Chennai customs decision held that the hospital did not meet conditions for importing medical equipment duty-free in 1990-1993. It demands Rs 1,89,45,984 in duty plus interest, imposes a Rs 3,00,000 redemption fine and Rs 18,94,598 penalty. The hospital can appeal within 60 days by paying 7.5 percent of the disputed amount.
The order creates a potential Rs 2.11 crore liability before interest. An appeal may reduce or delay recovery, adding financial pressure.