The Ramco Cements has provided an update regarding its ongoing material litigations. The update, dated August 14, 2023, concerns a dispute related to CENVAT Credit on Outward Freight. The Company’s appeal before CESTAT regarding the disputed CENVAT Credit on Outward Freight of Rs.2.33 Crores was set aside, with the matter remanded to the Original Authority. Disputes of similar nature stand at Rs.4.71 crores.
CENVAT Credit Litigation
The Ramco Cements has announced an update concerning its ongoing legal disputes, specifically those relating to CENVAT (Central Value Added Tax) Credit on Outward Freight. The original disclosure regarding these litigations was made on August 14, 2023.
CESTAT Appeal Outcome
The Company’s appeal before the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) concerning the CENVAT Credit on Outward Freight, amounting to Rs.2.33 Crores, has been addressed. The CESTAT has set aside the previous order and remanded the matter back to the Original Authority. The order was issued on January 16, 2026, and physically collected from the CESTAT office on January 20, 2026, at 4:45 PM.
Other Similar Disputes
The announcement also indicates that other disputes of a similar nature are currently pending with various statutory authorities. These disputes, as included in the letter dated August 14, 2023, amount to Rs.4.71 crores.
Source: BSE
