Whirlpool Customs Duty Order Concluded; No Material Impact

Whirlpool of India has concluded proceedings related to a customs duty order received on December 12, 2025. The order confirms the appropriation of a differential duty of INR 9,37,50,340, along with interest and penalty, which was already fully paid by the company. The company reports that the order will have no material impact on its financial or operational activities.

Customs Duty Order Details

Whirlpool of India has received an order dated December 12, 2025, concluding proceedings under Section 28(6) of the Customs Act, 1962. The order concerns a differential duty of INR 9,37,50,340, along with applicable interest and penalty at 15%.

Prior Payment and Accounting

The company confirms that the full amount of the differential duty, including interest and penalty, had already been paid and appropriately accounted for in the company’s books by June 2023. The order was received on December 24, 2025.

Impact Assessment

Whirlpool has assessed the impact of this order and determined that it will have no material impact on the company’s financial performance, operations, or other business activities. The company is currently evaluating the matter to determine any further appropriate actions.

Source: BSE

Previous Article

Jubilant Pharmova GST Demand Received by Jubilant Biosys

Next Article

InterGlobe Aviation Faces GST Demand, Plans to Contest Order

Write a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *