Cummins India Limited — Important, 25-10-2024: General Updates

Cummins India Limited announced that it received a penalty order of Rs. 30,000 from the Additional Commissioner of Customs for incorrect Harmonized System classification of imported goods, with total dues amounting to INR 9.47 lacs. The company has paid this amount under protest and plans to file an appeal. It stated that the penalty will not materially impact its financial or operational activities.