R R Kabel fined ₹1.01 Crore for alleged goods supply without movement
R R Kabel Limited received an order from the Central GST & Central Excise imposing a penalty of ₹1,01,70,919/-. The penalty is for alleged supply of goods without actual movement. The company plans to appeal the order, stating no other financial or operational impact.
A penalty of over ₹1 crore has been imposed, which could have a moderate financial impact. However, the company states no other operational impact and intends to appeal, which might mitigate the long-term effect.
The company has been penalized by a tax authority, which is a negative development.
R R Kabel Limited has disclosed that the Office of the Assistant Commissioner of Central GST & Central Excise, Vadodara-I, has imposed a penalty of ₹1,01,70,919/- on the company. This order, dated 30 January 2026, was received by the company on 30 January 2026. The penalty is related to an alleged contravention under Section 122(1)(ii) of the CGST Act, 2017, read with the IGST Act, 2017, concerning the supply of goods without actual movement of goods.
The company stated that other than the payment of the penalty amount, there is no other expected impact on its financial, operational, or other activities. R R Kabel Limited intends to file an appeal against the order.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also uploaded this intimation on its website.
What to do with a filing like this
R R Kabel Limited filed this with the NSE as a statutory disclosure, categorised under regulatory impact. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by R R Kabel Limited. Read the original for the full detail.