<h1>Nestle India Receives Customs Adjudication Order: Rs 2.46 Crore Demand Issued</h1>
Nestle India Limited has received an Adjudication Order from the Principal Commissioner of Customs Air Cargo Complex (Import) regarding a demand under Section 28(4) of the Customs Act, 1962. The Order was received by the company on August 25, 2026.
The Principal Commissioner of Customs Air Cargo Complex (Import), New Customs House, Near IGI Airport, New Delhi, passed the adjudication order. The order addresses the company's alleged violation or contravention related to customs duties.
The Adjudication Order specifies the financial requirements, including the customs duty and the corresponding penalty.
The details of the demand and the related action are summarized below:
| Aspect | Detail |
|---|---|
| Authority | Principal Commissioner of Customs Air Cargo Complex (Import), New Customs House, Near IGI Airport, New Delhi |
| Action Taken | Adjudication Order confirming demand under Section 28(4) of Customs Act, 1962 |
| Customs Duty Demand | Rs 2,46,75,612/- |
| Penalty Demand | Rs 2,46,75,612/-, which is 100% of the demand |
The company confirmed that there is no material impact on its financials, operations, or other activities as a result of this Order. Nestle India Limited stated that it will explore various options to challenge the Order.
NESTLEIND Stock Price Movement
As of 12:36 PM, shares of Nestle India Limited are slipping by 1.83% in live trading, currently priced at ₹1451.9. The stock has seen high activity so far today with a volume of 280,785 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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