Cords Cable Industries legal & regulatory announcements

Legal & RegulatoryCords Cable Industries Ltd CORDSCABLE

Cords Cable Industries Legal & Regulatory

Cords Cable Industries won an appeal against a GST demand of Rs. 0.56 Crore. The Commissioner (Appeals) set aside the prior order, allowing the company to seek a refund.

Value

₹0.56 Cr

Legal & RegulatoryCords Cable Industries Ltd CORDSCABLE

Cords Cable Industries Legal & Regulatory

Cords Cable's appeal was allowed by the Commissioner (Appeals) against a GST order-in-original on input tax credit for FY2020-21. The company reports no material financial impact.

Legal & RegulatoryCords Cable Industries Ltd CORDSCABLE

Cords Cable Industries Legal & Regulatory

The company received a GST rectification order reducing demand to ₹0.18 Crore and confirming a penalty of the same amount. No material impact on finances.

Value

₹0.18 Cr