JK Lakshmi Cement Wins GST Appeal, Demand Set Aside

JK Lakshmi Cement Limited announced a favorable outcome in a Goods and Services Tax (GST) appeal. The company had previously received orders from the Office of the Joint Commissioner of State Tax, Chhattisgarh, raising a demand of approximately ₹879.15 Lakhs for tax, ₹659.35 Lakhs for interest, and ₹87.91 Lakhs for penalty for FY 2019-20. These demands primarily related to Reverse Charge Mechanism on inter-state purchases, disallowance of Input Tax Credit, and other matters. The company challenged these orders, and the appellate authority, vide an order dated 11.06.2026, has set aside the demand in favor of JK Lakshmi Cement. Consequently, there are no expected financial implications for the company.