Prostarm Info Systems: Customs Appeal Dismissed as Withdrawn, ₹25.66 Crore Dispute Resolved
Prostarm Info Systems announced that a Customs appeal concerning a ₹25.66 Crore dispute has been dismissed as withdrawn. The company appeared before CESTAT today, marking a resolution to the litigation initiated by the Commissioner of Customs.
The resolution of a ₹25.66 Crore litigation matter has a material impact on the company's legal standing and potentially its financial outlook.
The withdrawal of the appeal by the Customs Department is a positive development for the company, resolving a significant litigation matter.
Prostarm Info Systems Limited has announced a significant update regarding a litigation matter. The company appeared before the Hon’ble Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai, today, where it was noted that the appeal filed by the Commissioner of Customs, Nhava Seva, Raigad, Maharashtra, has been dismissed as withdrawn.
This development follows an earlier intimation on April 10, 2026, when the company was informed that the Customs Department had filed an appeal. The disputed amount in this case was ₹25.66 Crores. The formal order from CESTAT is yet to be uploaded to their website. The company has requested that this information be taken on record.
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Prostarm Info Systems Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. 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 Prostarm Info Systems Limited. Read the original for the full detail.