J.K. Cement Limited has announced the receipt of a GST demand order from the Deputy Commissioner of State Tax, Ahmedabad. The order, received on May 17, 2026, involves a total tax demand of ₹8,02,113, plus applicable interest and an equivalent penalty. The company contests the findings, citing the alleged wrong availment of Input GST, and intends to challenge the decision through the appropriate appellate channels.
Details of the Tax Demand
On May 16, 2026, the Deputy Commissioner of State Tax, Ahmedabad, issued an order against J.K. Cement Limited. The authority has raised a GST demand of ₹8,02,113. In addition to the principal tax amount, the company is also liable for applicable interest and an equivalent penalty, as outlined in the regulatory correspondence received on May 17, 2026.
Basis for the Order
The demand is based on an allegation regarding the wrong availment of Input GST. The tax authorities have contended that this input credit was received from entities identified as non-existent taxpayers. The company has reviewed the findings and stated that it does not agree with the contentions raised by the tax authorities.
Impact and Future Course of Action
J.K. Cement Limited has clarified that this order does not have a major financial impact on the company’s overall operations. The company maintains that it has a strong case on merits regarding this matter. To address this, the company will file an appeal before the Commissioner (Appeals) within the prescribed statutory period of two months from the date of receipt of the order.
Source: BSE
