BSE
Your Result on : Detailed News
Back
Lenskart faces Rs 13.17 crore customs duty and penalty demand from New Delhi authorities
16-Oct-26   16:27 Hrs IST

Lenskart Solutions Limited has received an Order-in-Original dated September 18, 2026, from the Office of the Principal Commissioner of Customs in New Delhi, concerning the classification of imported optical eyeframes with clip-on, resulting in a quantifiable demand of Rs 13,17,25,860 for customs duty and penalty, excluding applicable interest. The company, which believes the order is contestable, intends to challenge it before an appellate authority and expects a favorable outcome, noting that the matter was previously disclosed as a contingent liability in its audited financial statements for the year ended March 2026 and has no material impact on operations.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, Developed , Maintained and Content Powered by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)