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Tax & Penalty13 Jul 2026, 05:40 pm

UNO Minda Receives Anti-Dumping Duty Order of ₹48.8 Lakhs

AI Summary

UNO Minda Ltd has received an order from the Commissioner of Customs, Jawaharlal Nehru Custom House, imposing an Anti-Dumping Duty on the import of machinery. The company has been demanded to pay ₹48,81,256 in duty, an equal amount as penalty, and applicable interest. The order was received on June 17, 2026. UNO Minda intends to contest the order and does not foresee any material impact on its financial or operational activities.

Key Highlights

  • Received order for Anti-Dumping Duty on imported machinery.
  • Demanded duty of ₹48,81,256 plus penalty and interest.
  • Company plans to contest the order.
  • No material financial or operational impact anticipated.