HPALHP Adhesives

Customs orders it to pay ₹28.71 lakh in anti-dumping duty and a matching penalty

The order concerns imported PTFE thread seal tape. The company plans to appeal and says there is no material impact.

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What happened

  • A Joint Commissioner of Customs passed an order dated 18 September 2026 on anti-dumping duty for some consignments of PTFE thread seal tape imported by HP Adhesives.
  • The order confirms anti-dumping duty of ₹28,70,934, a penalty of the same amount and a redemption fine of ₹8,50,000, plus interest under Section 28AA of the Customs Act.
  • The case began with a show-cause notice dated 23 September 2025, which the company answered on 29 October 2025.
  • HP Adhesives says the order has no material impact on its operations. It plans to appeal and will show the amount as a contingent liability where applicable.

Why it matters

Good to know: Anti-dumping duty is an extra import tax on goods the government finds are being sold into India below a fair price. A redemption fine is paid to release goods that customs could otherwise confiscate.

Key facts

Anti-dumping duty
₹28.71 lakh
Penalty
₹28.71 lakh
Redemption fine
₹8.5 lakh

Read the source

This is a summary of public news about HP Adhesives, for information only. It is not a recommendation to buy, sell or hold HPAL.

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