New Delhi: LG Electronics India Ltd on Friday said it has received an order from the Office of the Commissioner of Customs (Nhava Sheva, Mumbai) raising a demand of ₹11.91 crore towards differential customs duty, along with applicable interest and penalty. The order was received by the company on January 16.
In a regulatory filing to stock exchanges, the company said the demand has been raised through an Order-in-Original dated January 8, 2026. According to the customs authority, the liability arises due to a gap in the assessable value of certain imported goods.
LG Electronics India said its management does not reasonably expect the order to have any material impact on the company’s financial position, operations or other activities. The consumer electronics major added that it intends to file an appeal against the order and believes it has a strong case on merits as well as on points of law.
The development comes amid heightened scrutiny by customs authorities on valuation practices related to imports by large manufacturers. LG Electronics India, which recently listed on Indian stock exchanges, has not made any provisioning for the demand at this stage, indicating confidence in a favourable outcome through the appellate process.
The company operates manufacturing facilities in India and imports components and finished goods to support its consumer electronics and home appliances business in the country.