DELTIC2026-08-25DELTIC2026-08-25ActionsTakenOrOrdersPassedDomain1DELTIC2026-08-25ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1DELTIC2026-08-25SignatoriesDomain1iso4217:INRxbrli:pureDELTICDELTA AUTOCORP LIMITED000000NOTLISTEDINE0XRN01019NewAction(s) taken or orders passed (sub-para 20)false2026-08-2519:00:002026-08-25Imposition of fine or penaltyStatutory AuthorityOffice of the Principle Commissioner of Customs – Kolkata1Listed Entity (Self)DELTA AUTOCORP LIMITEDOrder pursuant to adjudication of Show Cause NoticeOrder passed pursuant to adjudication of Show Cause Notice dated September 08, 2025, rejecting customs duty benefits under Sr. Nos. 485A and 490 of Notification No. 50/2017-Customs for the period April 01, 2021 to December 31, 2022, and directing payment of differential customs duty, interest, fine and penalties.2026-08-25The Company has received an Order pursuant to adjudication of Show Cause Notice No. KOL/CUS/PR.COMMR/PORT/GR.5/58/2025 dated September 08, 2025. The matter relates to the availment of benefits under Sr. Nos. 485A and 490 of Notification No. 50/2017-Customs dated June 30, 2017, during the period from April 01, 2021 to December 31, 2022. The Order, inter alia, denies/rejects the aforesaid benefits and directs payment of differential customs duty, applicable interest, fine and penalties as detailed hereinaboveApril 01, 2021 to December 31, 2022The Order has determined a differential customs duty liability of ₹76,90,665/-, along with applicable interest, a fine of ₹1,00,00,000/- in lieu of confiscation, penalty of ₹76,90,665/- under Section 114A and penalty of ₹50,00,000/- under Section 114AA of the Customs Act, 1962. The actual financial impact on the Company will depend upon the outcome of the appellate/legal proceedings and the extent of relief, if any, granted by the competent authority.The Customs Authority has, inter alia, held that the Company was not eligible for the benefits claimed under Sr. Nos. 485A and 490 of Notification No. 50/2017-Customs dated June 30, 2017, in respect of the relevant imports, resulting in demand of differential customs duty and consequential action under the Customs Act, 1962.12690665(i) Differential customs duty of ₹76,90,665/- under Section 28(4), along with applicable interest under Section 28AA; (ii) fine of ₹1,00,00,000/- in lieu of confiscation under Section 125; (iii) penalty of ₹76,90,665/- under Section 114A, subject to the statutory benefit of reduced penalty upon fulfilment of the prescribed conditions; and (iv) penalty of ₹50,00,000/- under Section 114AA of the Customs Act, 1962.NACompany is evaluating the Order and intends to pursue appropriate legal remedies before the competent appellate authority within the prescribed timelines. The Company will take all necessary steps tosafeguard its interests in the matter.The Company does not agree with the findings and/or directions contained in the Order and will pursue appropriate remedies in accordance with applicable law.Ankit AgarwalManaging Director2026-08-25West Bengal