Saurashtra Cement Receives GST Show Cause Notice for ₹1.91 Cr

Saurashtra Cement Limited has received a Show Cause Notice (SCN) from the Office of the Assistant Commissioner of State Tax, Porbandar, under Section 74(5) of the CGST Act, 2017/Gujarat GST Act, 2017. The notice pertains to the alleged non/short payment of GST on Royalty, DMF Charges, NMET Charges, and Dead/Surface Rent for the Financial Year 2022-23. The total demand, including GST, interest, and penalty, amounts to ₹1,91,48,238 (₹1.91 Crore). The company believes the demand is not maintainable and plans to submit a reply within the prescribed time. Saurashtra Cement does not anticipate any material impact on its financial, operational, or other activities.