Clay Craft India MD, chairman, board of directors and AGM

• Fine or penaltyCustoms, Excise & Service Tax Appellate Tribunal, New Delhi/Commissioner of Customs (Preventive), JodhpurSince 27 Apr 2026

  An Appeal was filed by the Company on 2nd June, 2026 against the Order No. 50777 dated 27th April, 2026 passed by the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi in Customs Appeal No. 54805/2023, whereby the CESTAT upheld the Order-in-Original dated 30th January, 2023 passed by the Commissioner of Customs (Preventive), Jodhpur. The dispute pertains to the classification of Apatite Calcium Phosphate imported by the Company through six Bills of Entry during the period from May, 2019 to January, 2020, having an aggregate assessable value of approximately Rs. 369.89 Lakhs. The CESTAT affirmed the re-classification of the imported goods from CTH 25102030 to CTH 28352690 and consequently upheld the demand of differential customs duty amounting to Rs. 62.73 Lakhs along with an equivalent penalty of Rs. 62.73 Lakhs and Fine under Section 114A/125 of the Customs Act, 1962. Penalty of Rs. 12 Lakh was imposed on Shri Vikas Agarwal, Managing Director and Penalty of Rs. 1 Lakh was imposed on Shri Dharam Chand Sahu, Manager of the Company. The Company has challenged the said orders and has also filed a Stay Application seeking suspension of the penalty demand. The appeal was registered on 29th June, 2026 before the High Court of Rajasthan, Jaipur Bench. This matter was listed on 25th September, 2026 and the next date of hearing is 19th November, 2026. Rectification application allowed by the CESTAT and the same is ending before the CESTAT, New Delhi and the next date of hearing is 6th November, 2026. The Matter is Subjudice.

  Voilation under Section 125, 114A, 114AA and 112(a)(ii) of Customs Act, 1962.
• Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, New Delhi/Commissioner of Customs (Preventive), JodhpurSince 17 Mar 2022
  The Company, Shri Vikas Agarwal, Managing Director, Shri Dharam Chand Sahu, Manager, has filed an appeal against this Order before the Hon'ble High Court of Rajasthan, Jaipur Bench and reasonably expects a favorable outcome as the CESTAT, Ahmedabad, had passed an order in the simillar matter in favour of the Importer. Rectification of the same is also pending before the CESTAT, New Delhi. This matter was listed on 25th September, 2026 before the Hon'ble High Court of Rajasthan and the next date of hearing is 19th November, 2026. Rectification application allowed by the CESTAT and the same is pending before the CESTAT, New Delhi and the next date of hearing is 6th November, 2026.MoreLess
  At the filing before: An Appeal was filed by the Company on 2nd June, 2026 against the Order No. 50777 dated 27th April, 2026 passed by the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi in Customs Appeal No. 54805/2023, whereby the CESTAT upheld the Order-in-Original dated 30th January, 2023 passed by the Commissioner of Customs (Preventive), Jodhpur. The dispute pertains to the classification of Apatite Calcium Phosphate imported by the Company through six Bills of Entry during the period from May, 2019 to January, 2020, having an aggregate assessable value of approximately Rs. 369.89 Lakhs. The CESTAT affirmed the re-classification of the imported goods from CTH 25102030 to CTH 28352690 and consequently upheld the demand of differential customs duty amounting to Rs. 62.73 Lakhs along with an equivalent penalty of Rs. 62.73 Lakhs and Fine under Section 114A/125 of the Customs Act, 1962. Penalty of Rs. 12 Lakh was imposed on Shri Vikas Agarwal, Managing Director and Penalty of Rs. 1 Lakh was imposed on Shri Dharam Chand Sahu, Manager of the Company. The Company has challenged the said orders and has also filed a Stay Application seeking suspension of the penalty demand. The appeal was registered on 29th June, 2026 before the High Court of Rajasthan, Jaipur Bench. This matter was listed on 25th September, 2026 and the next date of hearing is 19th November, 2026. Rectification application allowed by the CESTAT and the same is ending before the CESTAT, New Delhi and the next date of hearing is 6th November, 2026. The Matter is Subjudice.MoreLess
• Tax disputeOffice of the Commissioner (Appeals), Central Excise and Central Goods and Service Tax, Jaipur/Commissioner of Customs (Preventive), JodhpurSince 30 Nov 2023
  Appeal filed by the Commissioner of Customs (Prev.), Jodhpur against the Company before the Customs, Excise and Service Tax Appellate Tribunal, New Delhi. The next date in the matter is 15th January, 2027.MoreLess
  At the filing before: An Appeal was filed on 28th August, 2024 by the Commissioner of Customs (Preventive), Jodhpur before the Hon’ble Customs, Excise and Service Tax Appellate Tribunal (CESTAT) under Section 129D (2)/129D (4) of the Customs Act, 1962 against the order bearing no. 24(RLM)CUS/JPR/2024 dated 6th June, 2024 passed by the Commissioner (Appeals). In the said order, the Commissioner (Appeals) held that Natural Calcium Phosphate (Apatite) is a natural mineral product falling under Tariff Heading 2510, and accordingly, the Appeal filed by the Company was allowed and the impugned Order-in-Original classifying the import of Calcium Phosphate under Tariff Heading 28352690 instead of 25102010 was set aside. The matter is currently pending before the Hon’ble CESTAT.MoreLess
• Tax disputeState Goods and Service TaxSince 25 Jun 2025
  The matter is pending before CMM ACMM Jaipur Metro HQ II, for Cognizance/Issue of Process /Service. The next date of hearing is 25th November, 2026.
  At the filing before: A complaint was filed on 25.06.2025 against the Company and its Director, Shri Vikas Agarwal, by the Customs Authorities under Sections 132 and 135 of the Customs Act, 1962. The proceedings arise from the import of Apatite Calcium Phosphate through six Bills of Entry during the period from May, 2019 to January, 2020, having an aggregate assessable value of approximately Rs. 369.89 lakhs. The Customs Authorities have alleged that the imported goods were incorrectly classified under CTH 25102030 instead of CTH 28352690, resulting in an alleged evasion of customs duty. Pursuant to Adjudication Proceedings, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the re-classification of the imported goods and confirmed a differential customs duty demand of approximately ₹ 62.73 lakhs. Based on the aforesaid allegations, prosecution proceedings have been initiated against the Company and its Director alleging contravention of Sections 46(4) and 46(4A) of the Customs Act, 1962 and offences punishable under Sections 132 and 135 thereof. The first hearing in the matter was held on 07.08.2025 and the matter is currently pending before the competent court at the stage of cognizance/issuance of process.MoreLess

In the company's own words, from its latest governance filing.

The filing has a part on fines and penalties

Yes

The filing has a part on tax disputes

Yes

The company's own answers in its filing.