Cords Cable Industries receives GST demand order of ₹35.59 Lakhs
Cords Cable Industries Limited received a GST demand order of ₹35.59 Lakhs for incorrect ITC availment from FY 2018-19 to 2022-23. A penalty of an equivalent amount was also imposed. The company plans to file a rectification application and stated no material impact on its operations.
The company explicitly stated that there is no material impact on its financial, operations, or other activities, despite the demand and penalty.
The company received a demand order and penalty, which is negative. However, the company intends to file a rectification and states no material impact, which mitigates the negative sentiment.
Cords Cable Industries Limited has received an Order in Original No. 48/GST/BHD-TIJARA/25-26 dated December 15, 2025, from the Assistant Commissioner, CGST Division - Tijara, Alwar, Rajasthan.
The order pertains to a demand for Input Tax Credit (ITC) amounting to ₹35,59,462/- under Section 74 of the CGST Act, 2017, along with a penalty of an equivalent amount under Section 122(2)(b). This action is due to the incorrect availment of input tax credit by the company, concerning purchases from the Financial Years 2018-19 to 2022-23.
The company received this order on December 16, 2025, and intends to file a rectification application against it. Cords Cable Industries Limited has stated that there is no material impact on its financial, operational, or other activities.
What to do with a filing like this
Cords Cable Industries Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Cords Cable Industries Limited. Read the original for the full detail.