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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.
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Rashi Peripherals Ltd

Rashi Peripherals: Customs Duty Order Confirmed, Rs. 2.15 Cr Demand Issued

REGULATORY ▼ Concern Flagged MEDIUM RISK
📅 Filed on BSE: 04 Nov 2026, 05:26 PM IST  ·  BSE ID: 4e67b5a6-8604-44b6-92fa-a0f0ca6da11f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company received a government order for customs duty and penalties totaling approximately Rs. 2.15 Crores, but is considering appealing it.
🤖 AI Summary
  • Rashi Peripherals received a customs order confirming a demand of Rs. 2,15,02,570.
  • The order adjudicates a Show Cause Notice dated 25.05.2026 regarding goods classification.
  • A portion of the demand, Rs. 87,42,515, was dropped by the Principal Commissioner of Customs.
  • The company is discussing filing an appeal with legal advisors.
  • The confirmed demand is classified as a contingent liability.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Confirmed Demand (including penalty)
Rs. 2,15,02,570
Dropped Demand
Rs. 87,42,515
Show Cause Notice Reference
SCN No. 118/2026-27
Order Date
3rd November, 2026
🏢 How This Affects the Company
💰
Financial Impact
The confirmed demand of approximately Rs. 2.15 Crores along with applicable interest will be classified as a contingent liability in the company's financial statements.
⚠️
Risk Impact
The confirmed demand introduces financial risk, though the company is exploring options for appeal.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Monitor company's appeal progress.
👤
Who Is Affected
Shareholders are affected by the potential financial implications and contingent liabilities arising from the confirmed customs demand.
🔍
Management Signal
Management is actively seeking to resolve the customs matter, considering legal options for appeal.

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

👁 Watch List - track these upcoming events
Company's update on filing appeal before CESTAT.
Outcome of appeal proceedings, if filed.
Update on contingent liability classification in financial statements.
MEDIUM RISK Confirmed customs duty demand and potential penalties, pending appeal outcome.
💡 Investor Takeaway
Rashi Peripherals received a customs order confirming a demand of Rs. 2,15,02,570 plus interest and penalty, with Rs. 87,42,515 of the demand dropped. The company is reviewing appeal options.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Confirmed demand of Rs. 2,15,02,570 plus applicable interest and penalty requires consideration.
  • Alleged wrong classification of imported goods led to the customs duty demand proceedings.
❓ Frequently Asked Questions
What is the total amount confirmed by the customs order for Rashi Peripherals?
The Principal Commissioner of Customs has confirmed a demand of Rs. 2,15,02,570 along with applicable interest.
Was any part of the customs demand dropped by the authority?
Yes, the order partially dropped the demand towards differential duty amounting to Rs. 87,42,515.
What was the original reason for the customs proceedings against Rashi Peripherals?
The Show Cause Notice alleged that the company had made a wrong classification of goods imported, liable for additional customs duty.
How is the confirmed customs demand being treated financially by Rashi Peripherals?
The confirmed demand will be classified as a contingent liability in the financial statement of the Company.

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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