R R Kabel Ltd Faces Appeals from GST Department Over Refund Dispute

R R Kabel Ltd has received intimation about appeals filed by the GST Department against two orders issued in favour of the company. The appeals challenge the grant of refunds amounting to ₹36,90,78,517/- for the period October 2018 to November 2018 and April 2019 to September 2021. The dispute pertains to a refund under Section 73(1) of the CGST Act, 2017, with the Department alleging erroneous refund and invoking penalties. The company, however, maintains that the refund was correctly claimed. The Goods and Services Tax Appellate Tribunal (GSTAT) has accepted the company's position in the original orders. The company does not expect any material financial implications due to these appeals.