Lenskart Ordered to Pay ₹13.17 Cr Customs Duty & Penalty

Lenskart Solutions Limited has received an Order-in-Original from the Office of the Principal Commissioner of Customs, demanding ₹13,17,25,860/- (Rupees Thirteen Crore Seventeen Lakh Twenty Five Thousand Eight Hundred Sixty Only) towards differential customs duty and penalty. This order, dated September 18, 2026, and received on October 15, 2026, pertains to the classification of imported optical eyeframes with clip-on. The company disputes the classification and intends to challenge the order before the appropriate appellate authority, believing it has no material impact on its operations. The matter was previously disclosed as a contingent liability in the audited financial statements for the year ended March 2026.