Tax & Penalty30 May 2026, 01:01 pm
Gandhar Oil: ₹17.69 Cr Customs Refund Sanctioned
AI Summary
Gandhar Oil Refinery (India) Ltd has received a favorable order from the Office of the Commissioner of Customs (Imports – II), Mumbai, sanctioning a refund claim of ₹17,69,43,960. The refund pertains to the period 2017-18 and was filed under Section 27 of the Customs Act, 1962. The order is expected to augment the company's working capital.
Key Highlights
- Gandhar Oil receives refund order of ₹17.69 Cr from Customs.
- The refund claim relates to the period 2017-18.
- Order received from the Office of the Commissioner of Customs (Imports – II), Mumbai.
- The refund is expected to augment the company's working capital.
Price Impact
More from GANDHAR