Date: August 14, 2026
Regulatory & Legal Update
Dynamic Cables Limited has received a favorable order from the Office of the Commissioner (Appeals), Central Goods and Services Tax (CGST), Jaipur, under Section 107(11) of the CGST Act, 2017.
The matter pertains to an appeal filed by the company against an order passed by the Superintendent, Central Goods and Services Tax, Range-II, Division-A, Jaipur, under Section 74(1) of the CGST Act, 2017, for the financial year 2018–19.
Details of the Original Demand
- Financial Year: 2018–19
- Original Demand Amount: ₹3,28,030
- Nature of Demand: Non-payment of GST under Reverse Charge Mechanism (RCM)
- Original Authority: Superintendent, Central Goods and Services Tax, Range-II, Division-A, Jaipur
Appeal Outcome
- Appeal Authority: Commissioner (Appeals), CGST, Jaipur
- Date of Receipt: August 14, 2026
- Order Section: Section 107(11) of the CGST Act, 2017
- Outcome: Favorable order allowing the company's appeal and dropping the demand of ₹3,28,030
Financial Implications
- The order is in favor of the company.
- No adverse financial impact is expected.
- No adverse operational impact is expected.
Compliance Status
- No aberrations, non-compliances, penalties, restrictions, or sanctions were identified or imposed pursuant to this communication.
- No further actions are required to be taken by the company with respect to this communication.
Other Sections
KMP / Board / Auditor Changes: Not Specified
Dividend Declaration or Non-Declaration: Not Specified
Board Meeting Outcomes: Not Specified
Financial Results: Not Specified
Auditor’s Report: Not Specified
Disinvestment / Strategic Actions: Not Specified
Media Release / Investor Communication: Not Specified
Other Operational / Legal / Strategic Disclosures: This disclosure constitutes the primary legal update.