India Cements has received orders dated December 30, 2025, from various GST authorities regarding alleged excess Input Tax Credit claims. The company is reviewing these orders and intends to contest the demands through legal channels. India Cements does not anticipate a material financial or operational impact as a result of these orders.
GST Order Details
India Cements has received orders from the following GST authorities:
- State Tax Officer, Mandaveli Assessment Circle, Chennai
- Deputy Commissioner (ST), No.III Division, Vijayawada
- Joint Commissioner, Customs and Central Tax, Hyderabad GST Commissionerate, Hyderabad
Chennai Order
The order from the State Tax Officer, Mandaveli Assessment Circle, Chennai confirms a demand of ₹54,99,013 in GST, along with interest of ₹42,08,779, a penalty of ₹5,49,902, and late fees of ₹1,150.
Vijayawada Order
The order from the Deputy Commissioner (ST), No.III Division, Vijayawada, confirms a demand of ₹32,66,23,411 in GST, along with interest of ₹21,72,89,579 and applicable penalties.
Hyderabad Order
The order from the Joint Commissioner, Customs and Central Tax, Hyderabad GST Commissionerate demands ₹2,22,86,214, applicable interest, a penalty of ₹22,70,316, and late fees of ₹37,350.
Company Response
The orders relate to alleged short payment/non-payment of tax and excess Input Tax Credit claims for the financial year 2021-22. India Cements is currently reviewing the orders, considering all available legal options, and intends to contest the demands. The company does not anticipate any material financial or operational impacts stemming from these orders.
Source: BSE
