RR Kabel Receives GST Show Cause Notice for ₹13.19 Crore Demand
R R Kabel Limited received a GST Show Cause-cum-Demand Notice for ₹13.19 crore, plus interest and penalty, for FY2020-21 to FY2023-24. The company is evaluating the notice and plans to submit a rebuttal. No material financial impact is currently anticipated.
The notice involves a substantial demand of over ₹13 crore, which could potentially impact the company if the allegations are upheld. However, the company's current assessment that there will be no material impact mitigates the immediate impact level.
The company received a significant demand notice, which is a negative event. However, the company is evaluating the notice and plans to contest it, and currently does not foresee any material financial impact, balancing the negative outlook.
R R Kabel Limited has disclosed the receipt of a Show Cause-cum-Demand Notice from the Joint Director, Directorate General of Goods and Services Tax Intelligence (DGGI), Surat Zonal Unit.
The notice, dated 27 August 2026, pertains to the Financial Years 2020-21 to 2023-24 and raises a Goods and Services Tax (GST) demand of ₹13,19,45,614, along with applicable interest and penalties.
The company is currently evaluating the notice and its allegations. R R Kabel Limited intends to file detailed submissions with supporting documentary evidence within the prescribed timeline to rebut the allegations and address the proposed demand. The company currently does not foresee any material impact on its financials, operations, or other activities arising from this notice.
A plain-language summary of a public exchange filing by R R Kabel Limited. Read the original for the full detail.