Maruti Suzuki gets Rs 9 crore customs duty demand, to challenge order

Car market leader Maruti Suzuki India Ltd on Tuesday said it has received a demand of over Rs 9 crore from the Customs authority in Maharashtra over payment of duties on imported goods at different rates.

The company has received an order from the office of the Commissioner of Customs (NS-V, JNCH), Maharashtra, with respect to payment of duties on imported goods at different rates and has been asked to pay the differential duty of Rs 4,73,94,938 along with a penalty of Rs 4,73,94,938 and applicable interest, Maruti Suzuki India Ltd said in a regulatory filing.

Stating that it will challenge the order before the appropriate authority, the company said there is no major impact on its financials, operations, or other activities due to the notice.

Read More: https://www.moneycontrol.com/news/business/maruti-suzuki-gets-rs-9-crore-customs-duty-demand-to-challenge-order-13968336.html

Disclaimer
The above heading and content have been reproduced without alteration from the cited source solely for educational and informational purposes. We do not independently verify or assume liability for its accuracy, completeness, authenticity, or recency. All responsibility rests with the original source and respective news agency.

This will close in 5 seconds

Scroll to Top