Havells India Receives Customs Order, Plans Appeal
Havells India Limited announced it has received an order from the Commissioner of Customs, ICD TKD - Import, New Delhi, dated March 13, 2026. The order, received on March 20, 2026, pertains to the period from May 2020 to July 2023.The order raises a demand of Rs. 20,236,992, comprising Rs. 10,118,496 in Customs Duty and Rs. 10,118,496 in penalties. The demand stems from a dispute regarding the classification of certain imported goods.
According to Havells India, in consultation with its tax advisors, the company believes the demand is not legally sustainable and intends to file an appeal under the applicable provisions of the Customs Act. The company stated that the order is not expected to have a material impact on its financial, operational, or other activities.
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