Customs order to pay Rs 4.74 cr differential duty plus equal penalty
MARUTI · price
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Maruti Suzuki received an Order-In-Original from the Office of Commissioner of Customs (NS-V, JNCH), Maharashtra on 6 July 2026 regarding payment of duties on imported goods at different rate. The customs authority has asked the company to pay differential duty of Rs 4,73,94,938 along with an equal penalty of Rs 4,73,94,938 plus applicable interest. The company stated it will challenge the order before the appropriate authority and clarified there is no major impact on its financial or operational activities.
Total exposure around Rs 9.5 cr plus interest is minor for Maruti. Company plans to contest; watch for appeal outcome.