CARRARO2026-09-08CARRARO2026-09-08ActionsTakenOrOrdersPassedDomain1CARRARO2026-09-08ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1CARRARO2026-09-08SignatoriesDomain1xbrli:pureCARRAROCARRARO INDIA LIMITED544320NOTLISTEDINE0V7W01012NewAction(s) taken or orders passed (sub-para 20)false2026-09-0316:10:002026-09-08Any other similar action(s)Order-in-original (“OIO”) from Office of the Commissioner of CustomsStatutory AuthorityOffice of the Commissioner of Customs, Jawaharlal Nehru Custom House, Nhava Sheva, Taluka – Uran, District - Raigad, Maharashtra -4007071Listed Entity (Self)CARRARO INDIA LIMITEDOrder-in-original (“OIO”) bearing DIN 20260978NX0000B45E77Receipt Order-in-original dated 01st September, 2026, from the Office of the Commissioner of Customs (NS-V), Jawaharlal Nehru Customs House, Nhava Sheva, Taluka – Uran, Dist. Raigad.2026-09-03The OIO has confirmed the approach (as intimated in the SCN) in relation to the classification proposed to be adopted for certain imports made by the Company. The OIO confirms the differential IGST demand, along with applicable interest and penalties, in relation to the rate of IGST adopted by the Company on certain imports. The order has been passed notwithstanding the technical and legal submissions made by the Company, including reliance on earlier orders involving similar matters.NAPursuant to the submissions filed and the representations made by the Company, the Office of the Commissioner of Customs has passed following order for recovery of differential IGST amounting to Rs.15,24,59,511/- (Rupees Fifteen Crore Twenty-Four Lakh Fifty-Nine Thousand Five Hundred and Eleven only) along with applicable interest and penalty. The Authority has additionally imposed a penalty of Rs. 5,00,00,000/- (Rupees Five Crores only) under section 114AA of the Customs Act, 1962.the Customs Officer has disputed the classification adopted by the Company in relation to certain goods imported by the Company. The Customs Officer has alleged that the aforementioned imported goods are liable to Integrated Goods & Services Tax (“IGST”) at a rate of 28 per cent (under the residual entry) as against the IGST rate of 18 per cent (for specified parts of tractors), as adopted by the Company (owing to its business activity).Pursuant to the submissions filed and the representations made by the Company, the Office of the Commissioner of Customs has passed following order for recovery of differential IGST amounting to Rs.15,24,59,511/- (Rupees Fifteen Crore Twenty-Four Lakh Fifty-Nine Thousand Five Hundred and Eleven only) along with applicable interest and penalty. The Authority has additionally imposed a penalty of Rs. 5,00,00,000/- (Rupees Five Crores only) under section 114AA of the Customs Act, 1962.NAthe Company intends to challenge the OIO before the Customs, Excise and Service Tax Appellate Tribunal (“CESTAT”) within the prescribed timeline. The Company believes that it has a strong case on merits and expects appropriate relief from the appellate forum.Mohith Kumar KhandelwalCompany secretary and Compliance officer2026-09-08Pune