Finolex Cables Limited is in receipt of the ORDER-IN-ORIGINAL NO.: 01/GST/R-IV/D-IV/FINOLEX/2025-26 from the Office of the Superintendent of CGST, Range-IV, Division-IV
CGST Goa, Blessings Pioneer Commercial Complex, 4th Floor, Opposite District & Session Court, Margao, Goa-403601 Original dated 18.12.2025. The option is open for the Company to file an appeal before the Appellate Authority.Demand under Show Cause Notice is confirmed by Superintendent. A Show Cause Notice was issued for demand of GST on supply of returnable packing material to another unit. Tax Demand is INR 12,21,264/- (Tax INR6,10,632/- Penalty INR 6,10,632/-) which is not having major impact on operations of the company.
Finolex Cables Limited is an India-based company, which is engaged in manufacturing of electricals cables, communication cables, and other electrical appliances. The Company operates through four segments: Electrical cables, Communication cables, Copper rods, and Others. the Electrical cables segment manufactures light-duty electrical cables and power and control cables. The Communication cables segment includes copper-based cables and optical fiber (glass-based) cables (OFC). The Copper rods segment is engaged in manufacturing continuous cast copper rods (CCC rods), which are used in the production of copper-based electrical, and communication cables. Its product portfolio includes wires and cables, fans, water heaters, switches, switchgear, home appliances-room heaters, home appliances-iron, lights, conduits and fittings, and smart homes. Its wires and cables include house wires, agriculture cables, ofc, telephone cables, LAN cables, speaker cables, and power cables.
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
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