Loading...
India Glycols Gets Major Relief: ₹192 Crore Customs Fine Quashed, ₹33 Crore Duty Remains
LIVE TV
LOCAL
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Loading more articles...
Home
Local
Live TV
India Glycols gets major relief: ₹192 Cr fine quashed, ₹33 Cr duty stands
C
CNBC TV18
•
13-03-2026, 23:56
India Glycols gets major relief: ₹192 Cr fine quashed, ₹33 Cr duty stands
•
Customs appellate authority quashes ₹191.76 crore redemption fine and ₹41 crore penalty against India Glycols.
•
The company still faces a confirmed duty short payment of ₹33.43 crore and a ₹41 crore penalty.
•
Original order by Additional Commissioner, Noida, had imposed a total penalty and fine of ₹273.76 crore.
•
India Glycols plans to file a second appeal, confident in its case, expects no material financial impact.
•
Company shares closed down 3.04% on BSE following the news.
Read Full Article on Cnbc in English
✦
More like this
✦
More like this
Suzlon Energy Shares Dip on Penalty News, FIIs Increase Stake Amidst Decline
C
CNBC Awaaz
New India Assurance Wins Big: ₹672 Crore Tax Demand Deleted by NFAC
C
CNBC TV18
Nagpur Blast: Negligence Blamed, 9 Directors Arrested; MP Approves Agri Schemes
N
News18
Haryana CM Saini Rejects Rs 5,000 Crore Paddy Scam Allegations, Cites Congress Irregularities
N
News18
Cash Surge: SBI Reveals Why Currency in Circulation Hit Record ₹40 Lakh Crore
N
News18
Coal India Soars: Jefferies Raises Target to ₹485, Sees 9% Upside on Strong Outlook
C
CNBC TV18
