UltraTech Cement has received orders from the Assistant Commissioner of State Goods and Services Tax in Trichy, Tamil Nadu. The orders pertain to alleged excess ITC availment. The company is contesting the demands which total ₹2,04,92,736 (including interest and penalties) and does not expect them to have a material financial impact.
Details of GST Order Received
UltraTech Cement has been notified about orders received from the Assistant Commissioner, State Goods and Services Tax, Trichy, Tamil Nadu, on February 3, 2026. These orders relate to alleged discrepancies in input tax credit (ITC) claims.
Specifics of the Orders
Two orders were received. The first order confirms a tax demand of ₹10,01,910, with interest amounting to ₹6,83,824 and a penalty of ₹10,01,910. This relates to GST returns pertaining to FY 2021-22 (Q1-Q4).
The second order confirms a tax demand of ₹93,54,488, with interest of ₹97,52,246 and a penalty of ₹93,54,488. This order concerns alleged excess ITC availment in GST returns pertaining to FY 2019-20 (Q1-Q4).
Company Response
UltraTech Cement is contesting both orders. The total amount of the demands, including interest and penalties, is ₹2,04,92,736. The company currently assesses that these orders will not have a material adverse financial impact.
Source: BSE
