Finolex Cables Receives ₹29.46 Cr GST Demand

Finolex Cables received a GST demand order of ₹29.46 crore from Additional Commissioner, Central GST, Dehradun dated 30.03.2026.
Alleged violations include ITC mismatch, E-way bill discrepancies, and late payment to creditors under a Show Cause Notice.
Company terms the order ill-considered and plans to file an appeal before the Appellate Authority; no major operational impact stated.