Schneider Electric Infrastructure Limited has received an order from the Office of the Pr. Commissioner of Customs regarding the misclassification of imported goods. The order demands differential duty, applicable interest, and penalties for the period 2020-2024. The total duty and penalty each amount to ₹3,27,77,706. The company is currently evaluating available legal remedies.
Details of Customs Order
Schneider Electric Infrastructure Limited has been notified of an order concerning the classification of certain imported goods. The order, issued by the Office of the Pr. Commissioner of Customs (Import), Air Cargo Complex, Sahar, Andheri (E), Mumbai, addresses a discrepancy in the classification of imported items. The original order number is F.No. GEN/ADJ/COMM/451/2025-Adjn.
Financial Implications
The customs order mandates a differential duty amount and associated penalties due to the alleged misclassification. The financial breakdown is as follows:
- Differential Duty: ₹3,27,77,706
- Penalty: ₹3,27,77,706
- Applicable Interest: To be determined on the tax amount.
These charges relate to import activities conducted between 2020 and 2024. The company received official notification of this order on January 24, 2026, at 18:28 p.m. (IST), through its Company Secretary & Compliance Officer.
Company Response
Schneider Electric Infrastructure Limited has stated that it is currently assessing the customs order and considering appropriate legal responses. No material impact on the company’s financial, operational, or other routine business activities is anticipated beyond the specified liabilities outlined in the order.
Source: BSE
