Nestlé India has received an adjudication order from the Principal Commissioner of Customs Air Cargo Complex. The order demands customs duty of ₹2,46,75,612 along with applicable interest, and an equal penalty of ₹2,46,75,612. Despite the significant monetary demand, the company states there is no material impact on its financials, operations, or other activities, and plans to explore options to challenge the order.
Customs Order Received
Nestlé India Limited announced on 26th August 2026 that it has received an order from the Principal Commissioner of Customs Air Cargo Complex (Import), New Delhi. This order pertains to an adjudication process confirming a demand under Section 28(4) of the Customs Act, 1962.
Order Details and Demands
The order directs Nestlé India to pay a total sum of ₹4,93,51,224. This amount comprises:
- Customs duty amounting to ₹2,46,75,612, along with applicable interest.
- A penalty of 100% of the demand, totaling ₹2,46,75,612.
Impact and Future Actions
The company has explicitly stated that there is no material impact on its financials, operations, or other activities resulting from this order. Nestlé India intends to explore various options to challenge the decision in due course.
Source: BSE
