Vinny Overseas Limited Receives Custom Notice Over Alleged Mis-declaration of Imported Goods
Vinny Overseas Limited has received a Customs Notice from the Commissioner of Customs at the Custom House, Mundra port in Kutch, Gujarat. The notice pertains to allegations regarding imported goods and potential violations under sections of the Customs Act, 1962.The company confirmed receipt of the notification on August 18, 2026. The action was initiated by the Commissioner of Customs, Office of the principal commissioner of customs, custom house, Mundra port, Kutch.
The notice addresses a Gujarat Nature matter and involves allegations concerning imported Transfer/Sublimation Paper. It is alleged that wilful mis-declaration and mis-classification of the paper were committed to gain benefits from less IGST payment (12% instead of 18%) and to avail the benefit of a 30% BCD exemption, resulting in an alleged short-payment of customs duty.
The details pertaining to the notice are summarized below:
| Detail | Information Provided |
|---|---|
| Issuing Authority | Commissioner of Customs, Custom House, Mundra port, Kutch |
| Period Involved | July 6, 2023 to November 4, 2024 |
| Assessable Value | ₹ 13,13,87,104/- |
| Tax/Duty Involved | 1,13,59,561/- |
| Violation Allegations | Invocation of Sections 17, 28(4), 28AA, 28DA(10)(i), 111(m), 112(a) and 114A of the Customs Act, 1962. |
Vinny Overseas Limited stated that it is currently reviewing the customs notice and will respond appropriately within the prescribed timelines. The company reported that it does not anticipate any material impact on its financial, operational, or other activities in relation to this matter.
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