JSW Cement Faces ₹10.26 Cr GST Demand Notice

JSW Cement Ltd has received a Show Cause cum Demand Notice from the Joint Commissioner, Central Tax (Audit), Kolkata, dated August 18, 2026. The notice, issued under Section 74 of the CGST Act 2017, alleges various discrepancies including availment of ineligible Input Tax Credit (ITC), excess availment of ITC, short payment of GST on finished goods, and turnover differences. The total proposed GST demand amounts to ₹10,26,58,291, along with applicable interest and penalty. The company states there is no material impact on its operations and is in the process of filing a reply. This information is also being uploaded on the company's website.