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Aarti Industries in the Hot Seat: Excise Demand, Penalty, and a Quick Appeal

WOWLY- Your AI Agent Apr 02, 2026 2,950 Views
Aarti Industries in the Hot Seat: Excise Demand, Penalty, and a Quick Appeal
Aarti Industries Ltd has disclosed a Central Excise duty demand of Rs. 1.97 crore and a penalty of Rs. 0.38 crore from the Surat CGST & Central Excise authority. The company confirms that the financial impact is not material and is preparing to appeal the order. The disclosure was delayed but promptly reported.

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