Saurashtra Cement Receives ₹29.47 Cr GST Show Cause Notice

Saurashtra Cement Limited (SCL), following its merger with Gujarat Sidhee Cement Limited, has received a Show Cause Notice (SCN) from the Assistant Commissioner of State Tax. The notice pertains to alleged short payment of GST on Royalty/DMF/NMET for the period 2020-21, amounting to ₹29,47,85,060. The SCN was issued under Section 74 of the CGST Act and GGST Act, 2017. SCL believes the demand is not maintainable and plans to submit a reply within the prescribed time. The company does not anticipate any significant financial or operational impact.