Announced Thu, 29 Oct, 2026 · 16:14 IST
Customs recovery and penalty notice of Rs 5.80 lakh
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Customs authorities in Trichy ordered recovery, interest and penalty for alleged wrongful duty drawback by two exporters. The order was received on October 28, 2026. Sanco Trans says it was only a custodian and will contest the claim. If accepted and paid, the total is Rs 5.80 lakh.
Likely market impact
The maximum stated financial exposure is Rs 5.80 lakh. Contesting the claim may reduce or delay the payment, but legal costs and uncertainty remain.