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UltraTech Cement to Challenge Rs 51 Lakh GST Demand Order

UltraTech Cement Faces Rs 51 Lakh GST Demand in Kerala, Plans to Contest

UltraTech to contest GST tax demand in Kerala.

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Storyboard•26-03-2026, 18:16

UltraTech Cement Faces Rs 51 Lakh GST Demand in Kerala, Plans to Contest

•UltraTech Cement received a tax demand order from Kerala GST authority for over Rs 51 lakh.
•The demand includes Rs 25.73 lakh tax and an equivalent penalty of Rs 25.73 lakh.
•The issue relates to alleged irregular input tax credit (ITC) on blocked credits from FY2019–20 to FY2022–23.
•UltraTech Cement will contest the order, stating no material financial impact is expected.
•Company also received a Rs 47 crore GST demand from Maharashtra for FY2022–23 related to ITC claims and Kesoram Industries acquisition.

Read Full Article on Storyboard in English

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