R R Kabel Receives GST Show Cause Notice for ₹13.19 Cr Demand

R R Kabel Ltd has received a Show Cause-cum-Demand Notice from the Joint Director, Directorate General of Goods and Services Tax Intelligence (DGGI), Surat Zonal Unit. The notice pertains to the financial years 2020-21 to 2023-24 and raises a Goods and Services Tax (GST) demand of ₹13,19,45,614, along with applicable interest and penalties. The company is currently evaluating the notice and intends to file detailed submissions to rebut the allegations within the prescribed timeline. R R Kabel Ltd stated that it does not currently envisage any material impact on its financials or operations from this notice.