Nestle India Receives Customs Order Demanding ₹18.6 Crore
Nestlé India received an order from the Principal Commissioner of Customs demanding ₹11.11 crore in customs duty with interest, a ₹25 lakh redemption fine, and a ₹50 lakh penalty. The total demand amounts to ₹18.6 crore. The company believes there is no material impact and plans to challenge the order.
While the company states there is no material impact, the total demand of approximately ₹18.6 crore is substantial and could have a medium-term financial implication if not successfully challenged.
The company has received an order from the customs authority demanding a significant amount in duty, fine, and penalty, which is a negative development.
Nestlé India Limited has received an Adjudication Order from the Principal Commissioner of Customs at Mundra Port, Kutch, Gujarat, under Section 28(8) of the Customs Act, 1962. The order, received on August 25, 2026, demands customs duty amounting to ₹11,10,59,061 along with applicable interest.
Additionally, the company has been levied a redemption fine of ₹25,00,000 and a penalty of ₹50,00,000. The total quantifiable amount demanded, including duty, fine, and penalty, aggregates to ₹18,60,59,061 (approximately ₹18.6 crore).
Nestlé India stated that there is no material impact on its financials, operations, or other activities due to this order. The company intends to explore various options to challenge the order.
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Nestle India 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 medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Nestle India Limited. Read the original for the full detail.