SHETHJI2026-11-05SHETHJI2026-11-05ActionsTakenOrOrdersPassedDomain1SHETHJI2026-11-05ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1SHETHJI2026-11-05SignatoriesDomain1iso4217:INRxbrli:pureSHETHJIShreeji Global FMCG Limited000000NOTLISTEDINE1FL101016NewAction(s) taken or orders passed (sub-para 20)false2026-10-2717:42:002026-11-05Imposition of fine or penaltyStatutory AuthorityCommissioner of Customs, Custom House, Mundra1Key Managerial PersonnelJitendra Tulshidas KakkadManaging DirectorMailOrder-in-Original No. MUN-CUSTM-000-COM-34-26-27 dated 27.10.2026: customs duty of ₹16,93,38,953 plus interest; penalty of ₹16,93,38,953 under Section 114A and ₹1,00,00,000 under Section 114(iii); redemption fines aggregating ₹6,00,00,000 along with penalty of aggregate amount of ₹1,60,00,000/- imposed on Director and KMP under section 112 (b) (ii), 114 (iii) and 114AA and order to enforce the bond. Further ₹75,00,000 already deposited by the company has been appropriated towards duty.2026-10-27The communication alleges contravention of the conditions of the Advance Authorisation Scheme in relation to duty-free imports of coriander seeds, including alleged diversion of imported goods into the domestic market and irregularities in the fulfilment of the prescribed export obligations.During the period of utilisation of Advance Authorisation and fulfilment of the corresponding export obligations, as covered under the Order.The Company is pursuing appropriate legal remedies in respect of the Impugned Order and has decided to file an appeal before the Hon’ble Customs, Excise and Service Tax Appellate Tribunal (CESTAT). The financial and operational implications, including the monetary impact, shall be assessed in accordance with the outcome of the appellate proceedings and applicable accounting standards.Alleged contravention for Advance Authorization conditions relating to duty-free imports of coriander seeds, including alleged domestic diversion and export-obligation irregularities.169338953customs duty of ₹16,93,38,953 plus interest; penalty of ₹16,93,38,953 under Section 114A and ₹1,00,00,000 under Section 114(iii); redemption fines aggregating ₹6,00,00,000 along with penalty of aggregate amount of ₹1,60,00,000/- imposed on Director and KMP under section 112 (b) (ii), 114 (iii) and 114AA and order to enforce the bond. Further ₹75,00,000 already deposited by the company has been appropriated towards duty.NAThe Company has decided to challenge the Impugned Order by filing an appeal before the Hon’ble Customs, Excise and Service Tax Appellate Tribunal (CESTAT).Jitendra Tulshidas KakkadManaging Director2026-11-05Rajkot