Chemkart India Ltd — Important, 16-12-2025: Company Update
16-12-2025 | 09:40 pm
16-12-2025 | 09:40 pm
Chemkart India Limited clarified a regulatory matter concerning a Directorate of Revenue Intelligence investigation into the classification and valuation of specific imported chemical consignments over a five-year period. The total differential customs duty liability is INR 15.72 Cr, with INR 12.78 Cr already paid and the remaining INR 2.94 Cr expected to be settled promptly. These products contribute a modest average of approximately 2.8% to the company's annual turnover, indicating limited revenue dependence. Management confirms the issue will not materially impact ongoing operations, financial stability, or growth plans, reinforcing that business fundamentals remain intact.
No comments yet. Be the first to comment!
