Maruti Suzuki faces ₹9.5-crore customs duty demand; stock slides 1.65%

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Maruti Suzuki India Ltd has received an Order-In-Original from the Office of the Commissioner of Customs (NS-V, Jawaharlal Nehru Custom House), Maharashtra, directing the company to pay a differential customs duty of ₹4,73,94,938 along with an equal penalty of ₹4,73,94,938 and applicable interest, bringing the total exposure to approximately ₹9.5 crore.

The order, received on July 6, 2026, relates to the alleged payment of duties on imported goods at a different rate than what the customs authority considers applicable.

has said it intends to challenge the order before the appropriate authority and maintained that the ruling will have no major impact on its financial, operational, or other business activities.

The stock, however, was under pressure on Tuesday. Shares of Maruti Suzuki were trading at ₹14,298, down ₹240 or 1.65 per cent as of 10.03 AM on July 8, 2026, on the NSE. The stock opened at ₹14,475, touched an intraday high of ₹14,500, and slid to a low of ₹14,286. Sell orders outweighed buy orders, with 58.46 per cent of total quantity on the sell side.

The company’s total market capitalisation stood at ₹4,49,690 crore. The stock trades at a price-to-earnings ratio of 31.75 and remains part of the Nifty 50 index. Its 52-week high stands at ₹17,370, recorded on January 5, 2026, while its 52-week low of ₹12,201 was hit on March 30, 2026.

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