Gravita India Limited Provides Update on Order Received by Office of Principal Commissioner of Customs of Custom House MP & SEZ Mundra, Kutch - Gujarat
April 24, 2024 at 02:42 pm
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Gravita India Limited announced that Office of Principal Commissioner of Customs of Custom House MP & SEZ Mundra, Kutch - Gujarat 370421, has passed an order for payment of INR 24,000 which includes fine of INR 19,000 and Penalty of INR 5000 on account of excess quantity of goods received from supplier at the time of import of goods and the same has been paid by the Company. Going forward, the Company has already taken strict measures to avoid similar kind of incidents in future.
Gravita India Limited is engaged in lead processing, aluminum processing, trading lead products and aluminum scrap, and dealing in turn-key lead recycling projects. The Company's segments include Lead processing, Aluminum processing, Turn-key solutions, and Plastic manufacturing. Its Lead processing segment includes smelting of lead battery scrap / lead concentrate to produce secondary lead metal, which is further transformed into pure lead, specific lead alloy, lead oxides, including lead sub-oxide, red lead and litharge, and lead products, such as lead sheets, lead powder, lead shot and others. Its Aluminum processing segment includes trading of taint tabor and tense aluminum scraps, and manufacturing of alloys from melting of aluminum scrap. Its Turn-key solution segment includes a complete supply of plant and machinery related to lead manufacturing plants. It globally operates in Ghana, Senegal, Mozambique, Tanzania, Sri Lanka, Nicaragua, and Singapore.
Gravita India Limited Provides Update on Order Received by Office of Principal Commissioner of Customs of Custom House MP & SEZ Mundra, Kutch - Gujarat