Ambuja Cements has received an order from the CGST Howrah Commissionerate regarding a disallowance of Cenvat Credit (Input Tax Credit). The order includes a penalty equal to the disallowed amount, totaling ₹44,86,249, plus applicable interest. The company is pursuing legal avenues to appeal the order before the appropriate appellate authority. The company does not anticipate any material impact on its operations.
Order Details from CGST Howrah
Ambuja Cements has been served with an order pertaining to the disallowance of Cenvat Credit. This order was issued by the Deputy Commissioner, CGST Howrah Commissionerate. The date of receipt of the order was November 5, 2025.
Financial Ramifications
The order specifies the disallowance of cenvat credit amounting to ₹44,86,249. Additionally, it levies interest at the appropriate rate on the cenvat credit, as well as a penalty of ₹44,86,249. The basis for this order is under section 74(9) and section 50(3) of the CGST Act, 2017.
Company’s Response
Ambuja Cements is challenging the order and will appeal before the competent appellate authority. At present, the company does not foresee any significant material impact on the financial or operational standing because of this order.
Source: BSE
