Maruti Suzuki says it has received a customs duty demand from Maharashtra authorities worth over ₹9 crore, dated 6 July. The notices allege that duties were paid on certain imported goods at rates different from those the customs authority considers applicable. According to reports, the demand is being contested by the company, which plans to challenge the order. One outlet also cites the demand at about ₹9.5 crore, reflecting differences in how the figure is reported, but all sources describe it as exceeding ₹9 crore and tied to alleged misapplication of duty rates on imported items. The dispute centers on the treatment of duties for specific imports and whether the rate applied by Maruti Suzuki matches the rate determined by customs. The company’s response indicates it does not agree with the customs authority’s assessment and will proceed through the appropriate legal or administrative process. Separately, one source notes that the stock declines following the news, though the core development across all reports is the customs demand and Maruti Suzuki’s intent to contest it.
Maruti Suzuki challenges Maharashtra customs duty demand of over ₹9 crore
Maruti Suzuki says it has received a customs duty demand from Maharashtra authorities worth over ₹9 crore, dated 6 July. The notices allege that duties were paid on certain imported goods at rates dif...
- Maruti Suzuki receives a Maharashtra customs duty demand dated 6 July.
- The demand is for over ₹9 crore (reported as about ₹9.5 crore in one outlet).
- The order relates to alleged duty payments on imported goods at different rates than customs considers applicable.
- Maruti Suzuki says it will challenge the customs order.
- The issue involves the rate at which customs duties should apply to certain imported goods.
Maruti Suzuki to challenge the order which relates to alleged payment of duties on imported goods at a different rate than what the customs authority considers applicable
3 hours agoMaruti Suzuki, the leading automobile maker, received a demand of over Rs 9 crore from the Maharashtra customs authority on 6th July for payment of duties on imported goods at different rates.
4 hours agoMaruti Suzuki, the leading automobile maker, received a demand of over Rs 9 crore from the Maharashtra customs authority on 6th July for payment of duties on imported goods at different rates.
4 hours ago
Green Day announce Nimrods soundtrack and release new song “I’m Never Gonna R.I.P.”
Green Day announces the soundtrack for the upcoming road-trip comedy “Nimrods” and releases a new song connected to the...
Russia attempts to jam Elon Musk’s Starlink to counter Ukrainian drone use
Multiple reports say Russia is trying to disrupt Elon Musk’s Starlink satellite communications, citing efforts to counte...
Zendaya wears couture looks inspired by “The Odyssey” at Paris and London premieres
Zendaya appears at promotional events for the film “The Odyssey” in multiple high-fashion looks, drawing on Greek-myth t...