MRPL Wins Customs Appeal, Eligible for ₹212.53 Crore Refund
MRPL has won a customs appeal at CESTAT, Bangalore. The company is eligible for a refund of ₹212.53 crore paid under protest. This ruling extinguishes a contingent liability of ₹616.82 crore and is expected to improve cash flow. The dispute concerned the classification of imported "Reformats".
The outcome of the litigation results in a substantial refund and removal of a significant contingent liability, directly impacting the company's financial position.
The company has received a favorable order from the CESTAT, making it eligible for a significant refund and extinguishing a large contingent liability.
Mangalore Refinery and Petrochemicals Limited (MRPL) has received a Final Order from the Customs Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore, in its favor concerning Customs Appeal No. 21090 of 2019 and Customs Cross Objections No. 20153 of 2020. The dispute involved the classification of "Reformats" imported by MRPL, with the company classifying them under CTH 27075000. The Customs Department had sought differential Basic Customs Duty of ₹212.11 crore, along with applicable interest of ₹46.30 crore, penalty of ₹258.41 crore, and a redemption fine of ₹100 crore, totaling a demand of ₹616.82 crore.
MRPL had deposited ₹212.53 crore under protest during the investigation. The CESTAT, in its Final Order No. 20625/2026, allowed MRPL's appeal, granting consequential relief as per law. This favorable ruling makes MRPL eligible for a refund of the ₹212.53 crore paid under protest, which is expected to improve the company's cash flow and extinguish the contingent liability. The company intends to file a refund application within the statutory timeline.
The communication was received on 13th May 2026 at 02:10 PM. The period applicable for this communication is October 2015 to February 2017. The company has confirmed no aberrations in non-compliances were identified by the authority, and no penalty or restriction was imposed.
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Mangalore Refinery and Petrochemicals Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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