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StockYard ( SEBI RA )

18th Nov · SEBI-Registered Analyst

🚨 Massive IT & ED Raids Hit Waaree Energies Amid US Tariff Evasion Probe

Waaree Energies is under intense scrutiny as both Indian authorities (IT & ED) and US regulators investigate allegations of duty evasion. The company is accused of mislabeling Chinese-made solar cells as Indian products to bypass strict US import tariffs. The US Customs and Border Protection (CBP) has initiated a formal probe and enforced temporary cash deposits on shipments linked to Waaree. Several US-based Waaree units are also being examined. Meanwhile, Waaree maintains that it is fully compliant with all legal norms and is cooperating with investigators across jurisdictions. 🔖 #WaareeEnergies #ITRaid #EDRaid #USTariffProbe #SolarIndustry #TradeCompliance #MarketNews #IndiaBusiness #SolarEnergy

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