Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary of Dalmia Bharat, has received an order regarding disallowance of Input Tax Credit (ITC) for FY 2018-19 to 2022-23. The order imposes a tax demand of Rs. 11,15,812 along with interest and a penalty of Rs. 14,06,739. DCBL intends to contest the order.
Order Details
Dalmia Cement (Bharat) Limited (“DCBL”), a wholly owned subsidiary of Dalmia Bharat, has received an order. The order pertains to the disallowance of Input Tax Credit (ITC) for the financial years 2018-19 to 2022-23.
Financial Impact
The order imposes the following:
- Tax: Rs. 11,15,812/- along with applicable interest.
- Penalty: Rs. 14,06,739/-
Company Response
DCBL has grounds to contest the order and will file an appeal. The order was received on December 31, 2025.
Source: BSE