Customs order drops drawback demand of Rs. 73,78,166 and RoDTEP demand of Rs. 43,37,246; disallows Rs. 13,58,140 and Rs. 8,76,568

Customs order received on October 01, 2026 from the Office of the Deputy/Assistant Commissioner of Customs, I.C.D. Concor, Kathuwas.

Thu 1 Oct 2026

Demand dropped - drawback

Rs. 73,78,166

Demand dropped - RoDTEP

Rs. 43,37,246

Disallowed - drawback

Rs. 13,58,140

Disallowed - RoDTEP

Rs. 8,76,568

Penalty

Rs. 1,00,000

The Hi-Tech Gears Ltd has disclosed an order received on October 01, 2026 from the Office of the Deputy/Assistant Commissioner of Customs, I.C.D. Concor, Kathuwas, Distt. Alwar-301704.

What the order provides for

• Demand dropped: drawback of Rs. 73,78,166 and RoDTEP of Rs. 43,37,246.
• Disallowed: drawback of Rs. 13,58,140 and RoDTEP of Rs. 8,76,568, with recovery of applicable interest and a penalty of Rs. 1,00,000.

Why the order was passed

• The stated reason is short realisation or delayed realisation of export proceeds against certain shipping bills within the prescribed period.

What the company says

• There is no material impact on the financial and operational activities of the company.
• Against the disallowed portion, the company is considering update an appeal with the appropriate authority and is hopeful of getting further relief.

Plain meaning of the terms used

• Drawback is a refund of customs duty paid on inputs used in goods that are exported.
• RoDTEP is a scheme under which certain taxes and levies on exported products are refunded.
• Dropping a demand means the authority is not pursuing that amount; disallowing a claim means that amount was not allowed.

What a reader can note

• The order has two opposite parts: a larger demand has been dropped, while a smaller amount has been disallowed.
• The disallowed amount comes with applicable interest and a penalty of Rs. 1,00,000.
• The company has said it may appeal the disallowed part.

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