D-Link: Duty notice may weigh

Updated - June 18, 2019 at 05:30 AM.

Shares of D-Link India may come under pressure, as it received a show-cause notice from the Customs Department (Directorate of Revenue Intelligence) demanding differential duty amount of ₹9.4 crore for certain products imported during the earlier years. It had paid an amount of ₹4 crore in advance which is disclosed in the financial results for the quarter ended June 30, 2018, the company said, and added that it is examining the notice and will take appropriate action.

Published on June 18, 2019 00:00