Hyundai Motor India Ltd

Customs Duty Order Issued to Hyundai Motor India 🚗

- Customs order dated April 21, 2026 imposes ₹7.27 crore differential customs duty

- Additional penalty of ₹7.27 crore and redemption fine of ₹7.47 crore

- Interest amount not yet quantified

- Issue stems from air purifier classification leading to short payment

- Company reviewing order and considering appeal options

- Hyundai states no financial, operational or other impact