Legal18 Mar 2026, 04:24 pm
ARCL Organics Ltd Settles Customs Dues of Rs. 5,10,58,869 with The Officer of the Principal Commissioner of Customs (Port), Government of India
AI Summary
ARCL Organics Ltd has settled its pending dues with The Officer of the Principal Commissioner of Customs (Port), Government of India. The dispute pertained to Customs dues — liability arising for M /s Allied Resins & Chemicals Ltd (Pre-Amalgamation) for an amount of Rs. 5,10,58,869. The Company made an application on February 26th, 2026, for which payment of Rs. 2,74,10,027 was made and 24 monthly instalments of Rs. 9,85,368.50 was awarded. The Order of full and final settlement of Customs dues was received on March 18th, 2026.
Key Highlights
- ARCL Organics Ltd has settled its pending Customs dues with The Officer of the Principal Commissioner of Customs (Port), Government of India.
- The dispute pertained to Customs dues — liability arising for M /s Allied Resins & Chemicals Ltd (Pre-Amalgamation) for an amount of Rs. 5,10,58,869.
- The Company made an application on February 26th, 2026, for which payment of Rs. 2,74,10,027 was made and 24 monthly instalments of Rs. 9,85,368.50 was awarded.
- The Order of full and final settlement of Customs dues was received on March 18th, 2026.