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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Fujiyama Power Systems Ltd

Fujiyama Power Systems Receives Customs Show Cause Notice for Rs. 13.97 Crore Duty Demand

REGULATORY ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 18 Jun 2026, 06:43 PM IST  ·  BSE ID: 61a1c92d-e05f-49bb-90d8-39abd7110142
View Original BSE Filing (PDF)
💡
In Simple Terms
The company received a legal notice from customs authorities for an alleged unpaid duty of over Rs. 13.96 Crore.
🤖 AI Summary
  • Customs seeks Rs. 13,96,77,362 differential duty from Fujiyama Power Systems.
  • Notice alleges mis-declaration of imported goods and ineligible exemption claims.
  • Demand is for goods imported in FY 2024-25 and prior periods.
  • Company intends to appeal and has made financial provisions for the matter.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Show Cause Notice Amount
Rs. 13,96,77,362
Customs Tariff Item Alleged
85044090
Customs Tariff Item Declared
85049090
🏢 How This Affects the Company
💰
Financial Impact
The company has made provisions in its financial statements for the alleged duty demand. No additional material impact on financials is currently envisaged, pending appellate outcomes.
⚠️
Risk Impact
Introduces regulatory risk related to customs compliance and potential financial liabilities if the appeal is unsuccessful.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Monitor company announcements regarding the appeal process and outcome.
👤
Who Is Affected
All shareholders are indirectly affected due to the potential financial implications and regulatory scrutiny on the company.
🔍
Management Signal
Management signal of intent to challenge the notice and make provisions indicates a proactive approach to risk management.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's appeal filing timeline with appellate authority.
Outcome of any interim orders or hearings in the customs case.
Disclosure of final resolution or financial impact in future filings.
HIGH RISK Significant potential financial liability and ongoing regulatory dispute with Customs authorities.
💡 Investor Takeaway
Fujiyama Power Systems faces a potential Rs. 13.97 Crore duty demand from Customs due to alleged mis-declaration of imported goods. The company disputes the findings and plans to appeal.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Receives Show Cause Notice for Rs. 13,96,77,362 differential duty demand from Customs.
  • Allegations include mis-declaration of imported goods and ineligible exemption benefits.
❓ Frequently Asked Questions
What is the total amount demanded in the Show Cause Notice issued to Fujiyama Power Systems?
The Noida Customs Commissionerate has issued a Show Cause Notice demanding a differential duty of Rs. 13,96,77,362.
What is the reason for the differential duty demand from Fujiyama Power Systems?
The notice alleges mis-declaration of imported goods and claiming ineligible exemption benefits, leading to re-assessment under a different Customs Tariff Item.
Has Fujiyama Power Systems made any provisions for this demand?
Yes, the company has made an appropriate provision in its financial statements as a matter of prudence.
What is Fujiyama Power Systems' stance on the Customs notice?
The company respectfully submits that it does not concur with the findings and believes it has valid grounds to challenge the same.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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