Carraro India Ltd (CARRARO) — Announcement | 4 September 2026

4 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Company received Order-in-original confirming IGST demand and penalty

🔄 What Changed

Received formal OIO confirming earlier SCN's tax demand with penalty

🔮 What's Next

Intends to challenge OIO before CESTAT within prescribed timeline

⚠️ Risks

Potential financial liability and regulatory scrutiny from customs classification

Carraro India Ltd received an Order-in-original from the Commissioner of Customs dated September 1, 2026, confirming differential IGST demand of Rs.15.25 crore plus interest and penalty of Rs.5 crore for certain imports, following a show cause notice issued in September 2025. The company plans to appeal to CESTAT within the statutory timeline and believes it has a strong legal case for relief.

📄 View Original Announcement (PDF)

📊 Stock Analysis — CARRARO ✨ Ask AI About This

About Carraro India Ltd (CARRARO)

Automobile and Auto Components · Auto Ancillaries · Listed on BSE

Market Cap: ₹2,962.53 CrP/E: 22.3ROE: 23.5%ROCE: 27.1%Div Yield: 1.30%

View full CARRARO stock details →

📡 Get AI alerts when CARRARO files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track CARRARO — Free

💡 Ask AI about this filing

"What is the company's estimated probability of success in the CESTAT appeal?""How does this liability compare to Carraro India's quarterly revenue?""What is the potential impact on the company's credit rating or borrowing costs?"

Ask AI Free →

📊 More CARRARO filings

🟡 Board Meeting — 28 September 2026Carraro India announced the superannuation of Director of Manufacturing Sanjay Kumar effective Septe...
Announcement — 24 September 2026Carraro India Ltd announced that its trading window will close on 1 October 2026, remaining shut for...
🔴 Announcement — 16 September 2026Carraro India Ltd announced an investor meeting on September 22, 2026, at 10:00 AM for analysts and ...
🔴 Announcement — 16 September 2026Carraro India Ltd announced its participation in the Anand Rathi Annual Flagship G-200 Summit 2026 o...
🟡 Voting Results — 11 September 2026At the 29th AGM on September 10, 2026, shareholders approved all 8 resolutions including audited sta...

See all CARRARO filings →

🔥 Also filed on 4 September 2026

RMCRMC Switchgears LtdAnnual Report 544425AJC Jewel Manufacturers LtdAnnual Report 539255Star Delta Transformers LtdAnnual Report KINETICENGKinetic Engineering LtdAnnual Report WSIW S Industries (India) LtdInsider Trading 544805Jivial Industries LtdCorporate Action

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when CARRARO files new disclosures

Track CARRARO filings, board meetings, and corporate actions. Free email alerts at 5 PM.