BSECompany Update6 Aug 2026 · 6 Aug 2026, 09:05 pm
Intimation of receipt of final order from CESTAT, Bangalore.
Mukka Proteins Ltd · 544135
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Mukka Proteins Ltd has received a final order from CESTAT, Bangalore, setting aside the demand of customs duty, interest, redemption fine, and penalties amounting to ₹15,24,30,536, with consequential relief.
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Mukka Proteins Ltd - 544135 - Intimation Of Receipt Of Final Order From CESTAT, Bangalore.
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Date: 06-08-2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Listing Department
Bandra Kurla Complex, Dalal Street,
Bandra East, Mumbai-400051 Mumbai-400001
Scrip Code: MUKKA Scrip Code: 544135
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
In terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we hereby inform you that the Company has received Final Order Nos.
20934–20937/2026 dated 24th June 2026 passed by the Hon'ble Customs, Excise & Service Tax Appellate
Tribunal ("CESTAT"), Bangalore Regional Bench, in the customs appeals filed by the Company and other
appellants against the Order-in-Original dated 30th April 2024 passed by the Commissioner of Customs,
Mangalore.
The detailed disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular
No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure-A.
This is for your information and records.
Thanking you,
For Mukka Proteins Limited
Mehaboobsab Mahmadgous Chalyal
Company Secretary & Compliance Officer
Membership No.: A67502
Encl: as above.
Annexure – A
Sr. No. Particulars Details
1. Name(s) of the opposing Commissioner of Customs, Mangalore. The appeal has been
party, court/ tribunal/agency decided by the Hon'ble Customs, Excise & Service Tax
where litigation is filed Appellate Tribunal (CESTAT), Bangalore Regional Bench.
2. Brief details of The litigation pertained to the valuation of imported fish meal
dispute/litigation and the consequential demand of differential customs duty,
interest, redemption fine and penalties.
The Company imported fish meal during the period from
September 2014 to October 2015 under the Advance
Authorisation Scheme. The Customs Department alleged
undervaluation and misdeclaration of the imported goods and
issued a Show Cause Notice dated 19.12.2017.
The initial adjudication order dated 24.07.2019 confirming the
demand of duty, confiscation, redemption fine and penalties
was set aside by the Customs, Excise and Service Tax
Appellate Tribunal ("CESTAT") vide Final Order dated
03.03.2022 and the matter was remanded for fresh
adjudication.
Pursuant to the remand, the Commissioner of Customs,
Mangalore, vide Order-in-Original dated 30.04.2024, again
confirmed the proposals contained in the Show Cause Notice.
Aggrieved by the said order, the Company and three other
appellants preferred appeals before the CESTAT.
Vide Final Order Nos. 20934–20937/2026 dated 24.06.2026,
the CESTAT set aside the Order-in-Original claiming the
aggregate fixed and quantified amount ₹15,24,30,536 together
with the unquantified interest and corresponding interest-
linked Section 114A penalty, holding that the Department had
failed to establish undervaluation with cogent evidence and
that the demand was not sustainable. Accordingly, the demand
of customs duty, interest, redemption fine and penalties was
set aside, and all four appeals were allowed with consequential
relief in accordance with law. The Company may also be
entitled to seek consequential refund of the ₹75,00,000
appropriated under the Order-in-Original, subject to the
applicable statutory procedure.
3. Date of receipt of order The order was uploaded by the Authority on their website and
came to the knowledge of the Company on 6th August 2026 at
11:00 a.m.
4. Expected financial Pursuant to the order of the Hon'ble CESTAT, the demand of
implications, if any, due to customs duty, interest, redemption fine and penalties
compensation, penalty etc. confirmed under the Order-in-Original dated 30th April 2024
has been set aside. The Company is entitled to consequential
relief, if any, in accordance with law.
5. Quantum of claims, if any The Hon'ble CESTAT has set aside the entire demand of
customs duty and interest, redemption fine and penalties and
has allowed all four appeals with consequential relief.
Accordingly, the quantified claim of ₹15,24,30,536, together
with the unquantified interest and corresponding interest-
linked Section 114A penalty, no longer subsists pursuant to the
Tribunal’s order, subject to any further appeal or proceedings
initiated by the Department.