Tax & Penalty12 May 2026, 04:27 pm
Shree Cement Receives GST Demand Order of ₹39.19 Lakh
AI Summary
Shree Cement Ltd has received a GST demand order from the Assistant Commissioner, Central GST & Central Excise, Pali, for ₹39,19,286. The demand includes applicable interest and an equivalent penalty due to non-payment of service tax. Shree Cement disagrees with the order and plans to file an appeal before the Commissioner (Appeals) within 2 months, believing it has a strong case on merits. The company does not anticipate a major financial impact from this order.
Key Highlights
- Shree Cement received a GST demand order of ₹39.19 Lakh from Central GST & Central Excise, Pali.
- The demand includes service tax, applicable interest, and an equivalent penalty.
- The company plans to appeal the order within 2 months.
- Shree Cement believes it has a strong case and does not expect a major financial impact.
Price Impact
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