Customs Order-in-Original on Anti-Dumping Duty: Rs. 28,70,934 duty, equal penalty and Rs. 8,50,000 fine
Customs (Nhava Sheva) has passed an Order-in-Original on anti-dumping duty for certain imports of PTFE Thread Seal Tape.
- Anti-Dumping Duty
- Rs. 28,70,934/- plus applicable interest
- Penalty Amount
- Rs. 28,70,934/-
- Redemption Fine
- Rs. 8,50,000/-
- Order Date
- 18th September, 2026
- Financial Treatment
- Contingent liabilities in financial statements
What happened
HP Adhesives has received an Order-in-Original dated 18th September, 2026 from the Jt. Commissioner of Customs (NS – I), Jawaharlal Nehru Custom House, Nhava Sheva. The order was received on 26th September, 2026 by registered post.
This follows a Show Cause Notice dated 23rd September, 2025 on anti-dumping duty for certain imported consignments of PTFE Thread Seal Tape, which the company had replied to on 29th October, 2025. The matter was adjudicated on 11th September, 2026.
Amounts in the order
- Anti-Dumping Duty: Rs. 28,70,934/- along with applicable interest under Section 28AA of the Customs Act, 1962
- Penalty: Rs. 28,70,934/-
- Redemption fine: Rs. 8,50,000/-
Company's position
The company plans to contest the Order before the appellate authority within the stipulated time period. It states the Order does not have any material impact on its operations, and the financial impact including duty, interest, penalty and redemption fine will be accounted for as contingent liabilities in its financial statements as applicable.
What this means for investors
An Order-in-Original is the first-level decision of the tax authority; it can be challenged at the appellate stage. Until the appeal is decided, the company proposes to treat the amounts as contingent liabilities rather than as a charge already booked. Investors may watch for the outcome of the appeal.
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More numbers
- Anti-Dumping Duty demandedRs. 28,70,934/-
- Penalty imposedRs. 28,70,934/-
- Redemption fineRs. 8,50,000/-
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