Prostarm Info Systems faces Customs Dept appeal on ₹25.66 Crore dispute
Prostarm Info Systems Limited announced that the Customs Department has filed an appeal against an Order-In-Original that had previously cleared the company of a ₹25.66 Crore liability. The appeal has been filed before the Customs, Excise and Service Tax Appellate Tribunal, Mumbai. The company is evaluating its next steps.
The appeal relates to a significant disputed amount of ₹25.66 Crores, which could have a medium-term financial impact if the appeal is successful against the company.
The Customs Department has filed an appeal against a favorable order for the company, indicating ongoing legal challenges and potential financial implications.
Prostarm Info Systems Limited has announced an update regarding a litigation matter. In continuation of their prior announcement on August 05, 2025, the company had received an Order-In-Original confirming no liability towards a disputed amount of ₹25.66 Crores, leading to the dropping of all proceedings related to a Show Cause Notice dated May 21, 2024, from the Commissioner of Customs, Nhava Seva, Raigad, Maharashtra.
However, the company has now received an intimation that the Customs Department has filed an appeal against this Order-In-Original before the Hon’ble Customs, Excise and Service Tax Appellate Tribunal, Mumbai. The company is currently evaluating its further course of action in response to this development.
This update is being disclosed in terms of Regulation 30 of the SEBI Listing Regulations.
What to do with a filing like this
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.