UltraTech Cement Gets ₹782.2 Cr Notice from GST Authorities

UltraTech Cement on Saturday said it has received a GST demand notice for a total payment of ₹782.2 crore, which it plans to contest before the appropriate forum

UltraTech Cement
info_icon

UltraTech Cement on Saturday said it has received a GST demand notice for a total payment of ₹782.2 crore, which it plans to contest before the appropriate forum.

"The Company is reviewing the Order, considering all legal options, and accordingly would be contesting the demand," UltraTech Cement said in a regulatory filing.

The order has been passed in various matters on account of "alleged short payment of GST, improper utilisation of Input Tax Credit, etc" during the period 2018-19 to 2022-23, the company said.

Outliers 2025

1 December 2025

Get the latest issue of Outlook Business

amazon

The order is passed "without due consideration of the Company’s submissions." The order passed against it is "upholding tax liability of ₹3,90,95,58,194/- plus applicable interest on tax demand; additional interest ₹27,68,289/- and penalty of ₹3,90,95,58,194/", the filing said.

The Aditya Birla flagship firm has received the order passed by the Joint Commissioner, Central Goods and Services Tax & Central Excise, Patna, on Friday.

UltraTech is the country's leading cement maker, with a capacity nearing 200 million tonnes per annum. 

Published At:

Advertisement

Advertisement

Advertisement

Advertisement

×