5436702026-08-195436702026-08-19ActionsTakenOrOrdersPassedDomain15436702026-08-19ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain15436702026-08-19SignatoriesDomain1iso4217:INRxbrli:pureVINNYVINNY OVERSEAS LIMITED543670NOTLISTEDINE01KI01027NewAction(s) taken or orders passed (sub-para 20)false2026-08-1811:30:002026-08-19Imposition of fine or penaltyEnforcement AuthorityCommissioner of Customs, Custom House, Mundra1Listed Entity (Self)VINNY OVERSEAS LIMITEDShow Cause NoticeNature – Custom Notice (Issued u/s 28(4) read with 124 of the Customs Act, 1962) - Period Involved - 06.07.2023 to 04.11.2024 - Impugned imported goods - assessable value of ₹ 13,13,87,104/- held liable for confiscation. - Tax/ Duty Involved - 1,13,59,561/- - Interest as per Section 28 AA of the Customs Act, 1962. - Penalty – u/s 112(a) and 114 (A) of the Customs Act, 1962. 2026-08-18Show Cause Notice received for alleged mis-declaration and mis-classification of imported “Sublimation/Transfer Paper” under CTI 48102200 instead of the proposed classification under CTH 48099000, resulting in alleged wrongful availment of preferential BCD exemption and payment of IGST at a lower rate. The Department proposes rejection of the declared classification, reclassification under CTH 48099000, denial of exemption under Notification No. 50/2018, recovery of differential customs duty with interest, confiscation of the imported goods, and imposition of penalties.06.07.2023 to 04.11.2024The company does not foresee any material impact on the financial, operational, or other activities of the company.It is alleged wilful mis-declaration as well as mis-classification of imported Transfer/Sublimation Paper was done to gain benefit of less IGST payment @12% instead of 18% as well as to avail the benefit of the 30% BCD exemption, resulting in alleged short-payment of customs duty and invokes Sections 17, 28(4), 28AA, 28DA(10)(i), 111(m), 112(a) and 114A of the Customs Act, 1962.11359561Impugned imported goods worth assessable value of ₹ 13,13,87,104/- held liable for confiscation under Section 111(m), not available for confiscation. Proposed to be Demanded or recovered 1,13,59,561/- under Section 28(4)of the Customs Act, 1962., Interest as per Section 28 AA of the Customs Act, 1962, Penalty – u/s 112(a) and 114 (A) of the Customs Act, 1962. Impugned imported goods worth assessable value of ₹ 13,13,87,104/- held liable for confiscation under Section 111(m), not available for confiscation. Proposed to be Demanded or recovered 1,13,59,561/- under Section 28(4)of the Customs Act, 1962., Interest as per Section 28 AA of the Customs Act, 1962, Penalty – u/s 112(a) and 114 (A) of the Customs Act, 1962.The company will respond to the notice within the specified time period.CS Bhavesh VaghasiyaCompany Secretary and Compliance Officer2026-08-19Ahmedabad