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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
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Cords Cable Industries Ltd

Cords Cable Industries Ltd: CGST Appeals Court Rules in Favor, Sets Aside Demands

REGULATORY ▲ Positive Development LOW RISK
📅 Filed on BSE: 24 Oct 2026, 01:35 PM IST  ·  BSE ID: 0aa3c2b3-2c46-45e0-9725-5f6408278331
View Original BSE Filing (PDF)
💡
In Simple Terms
A tax appeals court ruled in favor of Cords Cable Industries Ltd, canceling past demands and penalties.
🤖 AI Summary
  • CGST Appeals Commissioner set aside demands totaling Rs. 45,91,987 against Cords Cable Industries Ltd.
  • The order from Jaipur CGST Appeals office was received on October 24, 2026.
  • Penalties amounting to Rs. 10,92,020 and applicable interest were also waived.
  • The appeal concerned input tax credit for the financial year 2020-21.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Confirmed Demands
45,91,987
Penalties
10,92,020
Input Tax Credit period
FY 2020-21
🏢 How This Affects the Company
💰
Financial Impact
The company will no longer be liable for confirmed demands totaling Rs. 45,91,987, along with penalties and interest, which were initially ordered by the Assistant Commissioner.
⚠️
Risk Impact
This outcome significantly reduces past tax-related liabilities and potential financial strain, mitigating a previously flagged risk.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders.
👤
Who Is Affected
All shareholders are indirectly affected by the removal of a potential financial liability.
🔍
Management Signal
Management's successful appeal demonstrates proactive engagement and effective resolution of tax disputes.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's application for refund of pre-deposit amount.
Future communications regarding tax compliance and assessments.
Next quarterly financial results announcement.
LOW RISK Company secured a favorable order, effectively resolving a past tax dispute.
💡 Investor Takeaway
Cords Cable Industries Ltd secured a significant win in CGST appeals, with demands of Rs. 45,91,987 and penalties of Rs. 10,92,020 set aside, impacting FY21 input tax credit.
⚖️ Strengths & Concerns

✅ Positives

  • Successful appeal results in waiver of Rs. 45,91,987 demand and Rs. 10,92,020 in penalties.
  • No material impact on financial, operations, or other activities confirmed by the company.
❓ Frequently Asked Questions
What was the outcome of the CGST Appeals order for Cords Cable Industries Ltd?
The Commissioner (Appeals) allowed Cords Cable Industries Ltd's appeal, setting aside the Order-in-Original which had confirmed demands of Rs. 45,91,987 and penalties of Rs. 10,92,020.
What is the total amount of demands and penalties set aside by the CGST Appeals Commissioner?
The total demands set aside amount to Rs. 45,91,987, along with penalties of Rs. 10,92,020 and applicable interest.
What period does the CGST appeal order relate to for Cords Cable Industries Ltd?
The appeal concerns input tax credit for the financial year 2020-21.
What action will Cords Cable Industries Ltd take regarding the pre-deposit amount?
The company will file an application with the concerned department for a refund of the pre-deposit amount.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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