Carraro India Legal & Regulatory
Carraro India received a customs order demanding differential IGST of ₹15.25 crore and a penalty of ₹5 crore. The company intends to challenge this order.
- Value
- ₹20.25 Cr
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Carraro India received a customs order demanding differential IGST of ₹15.25 crore and a penalty of ₹5 crore. The company intends to challenge this order.
Carraro India Limited received a favorable customs order dropping a ₹6.37 Crore IGST demand. This resolution eliminates a significant contingent liability for the company.
Carraro India Limited received a Final Assessment Order and Income Tax demand notice for ₹21.84 Crore on April 8, 2026. The company intends to appeal this order before the Commissioner of Income-tax (Appeals). There is no immediate impact on operations, and the department settled certain earlier contentions downwards.