Key Event
R R Kabel Limited received a Show Cause-cum-Demand Notice from the Joint Director, Directorate General of Goods and Services Tax Intelligence (DGGI), Surat Zonal Unit.
Notice Details
- Type of Communication: Show Cause-cum-Demand Notice under Section 74(1) & Section 122(1)(ii) of the CGST Act, 2017 & SGST Act, 2017 read with IGST Act, 2017
- Date of Receipt: 27 August 2026 (late night hours)
- Issuing Authority: Joint Director, DGGI, Surat Zonal Unit
- Applicable Period: Financial Years 2020-21 to 2023-24
- Demand Amount: ₹13,19,45,614 (INR Thirteen Crore Nineteen Lakh Forty-Five Thousand Six Hundred Fourteen)
- Additional Liabilities: Applicable interest and penalty as per GST Act provisions
Company Response and Assessment
The company is currently evaluating the Show Cause-cum-Demand Notice and the allegations contained therein. R R Kabel Limited intends to file detailed submissions, duly supported by relevant documentary evidence, within the prescribed timeline to rebut the allegations and address the proposed demand.
Financial Impact Assessment
At present, the company does not envisage any material impact on its financials, operations, or other activities arising from this Show Cause-cum-Demand Notice.
Disclosure Timing
The communication was received late night on 27 August 2026. The disclosure was made on 29 August 2026, with the company citing that 28 August 2026 was an official holiday for the company's administrative offices, which caused the one-day delay in processing and internalizing the information.
Certification
The company states and declares that the information provided in Form A complies with Regulation 30(13) of SEBI Listing Regulations and is true, correct, and complete to the best of their knowledge and belief.
#Tags: #RRKabel #GSTNotice #SEBIDisclosure #RegulatoryCompliance #TaxMatter #Neutral