indigo faces custom penalty – Artifex.News https://artifex.news Stay Connected. Stay Informed. Mon, 06 Jan 2025 17:44:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png indigo faces custom penalty – Artifex.News https://artifex.news 32 32 IndiGo To Contest Rs 2.17 Crore Penalty Imposed By Customs Department https://artifex.news/indigo-faces-rs-2-17-crore-penalty-in-customs-to-contest-order-7414655rand29/ Mon, 06 Jan 2025 17:44:47 +0000 https://artifex.news/indigo-faces-rs-2-17-crore-penalty-in-customs-to-contest-order-7414655rand29/ Read More “IndiGo To Contest Rs 2.17 Crore Penalty Imposed By Customs Department” »

]]>

IndiGo is in the process of contesting the order. (Representational)


New Delhi:

IndiGo on Monday said the customs department has imposed a penalty of Rs 2.17 crore and the company is in the process of contesting the order.

The penalty has been slapped by the Principal Commissioner of Customs, Air Cargo Complex (Import) after denying the duty exemption on import of aircraft parts, according to a regulatory filing.

It said IndiGo is in the process of contesting the order before the appropriate appellate authority and that there is “no material impact on financials, operations or other activities of the company”.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




Source link

]]>