Graphite India has informed that the Company has received an Audit Report on September 17, 2024 from the office of the Commissioner of Customs (Audit), OSPCA, Customs audit department, New Customs House, New Delhi 110037, demanding differential duty and interest along with penalty for alleged incorrect CTH classification / Non-payment of IGST in case of re-imported goods (exported under LUT). The company has enclosed as Annexure I is the information pursuant to Regulation 30 of SEBI LODR read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
The above information is a part of company’s filings submitted to BSE.