MANALIPETC NSE filing

Manali Petrochemicals Wins CESTAT Appeal, Customs Duty Demand of ₹3.83 Crore Set Aside

The RealCase readMedium impact Positive

Manali Petrochemicals Limited has won an appeal at CESTAT regarding a customs duty demand of ₹3.83 crore plus interest. The tribunal set aside the demand, upholding the company's classification of imported Quicklime. The financial impact is being assessed.

Why it matters

The outcome favorably impacts the company by removing a potential financial liability. The exact financial impact is still under assessment, but the resolution of the litigation is positive.

The market read

The company has won a significant appeal, resulting in the setting aside of a substantial customs duty demand, which is a positive outcome.

Manali Petrochemicals Limited (MPL) has received a Final Order from the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) dated 23rd March 2026. This order allows the company's appeal against a demand of ₹3.83 crore plus interest, which was confirmed by the Adjudicating Authority, DRI, Mumbai, in July 2019.

The demand was related to the import of Quicklime, with the DRI alleging misclassification under CTI 2825 9090 instead of CTI 2522 1000 as declared by MPL.

The Tribunal upheld the company's classification under CTI 2522 1000, stating that the imported goods had a Calcium Oxide purity between 91%–95%, which is below the 98% threshold for classification under CTI 2825 9090. Consequently, the demand has been set aside in its entirety.

The company is currently assessing the financial impact of writing back the provision made and will take appropriate steps. MPL will inform the stock exchanges of any further material developments.

Filing to action

What to do with a filing like this

Manali Petrochemicals Limited filed this with the NSE as a statutory disclosure, categorised under regulatory impact. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Manali Petrochemicals Limited. Read the original for the full detail.

View original filing