ACC Limited Receives GST Orders Totaling ₹1,69,64,06,846 and ₹34,06,67,810
ACC Limited has announced receiving orders under the CGST Act, MGST Act, IGST Act & GST (Compensation to States) Act, 2017, and the TNGST/CGST Act, 2017. The company has been served with two significa...
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Why is ACC Limited in the news today?
ACC Limited (ACC) is in the news due to the company is contesting the orders and does not foresee a material impact, indicating a neutral stance despite the significant demand amounts.
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ACC Limited Receives GST Orders Totaling ₹1,69,64,06,846 and ₹34,06,67,810
December 31, 2025, 12:19 PM
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ACC Limited has announced receiving orders under the CGST Act, MGST Act, IGST Act & GST (Compensation to States) Act, 2017, and the TNGST/CGST Act, 2017. The company has been served with two significant orders. The first order, from the Deputy Commissioner of State Tax, Nagpur Zone, under Section 73(9) of the CGST Act, levies a total demand of ₹34,06,67,810, comprising ₹12,76,22,339 in tax, ₹19,01,57,660 in interest, and ₹2,28,87,811 in penalty. This order was received on December 30, 2025, and pertains to alleged violations such as tax liability mismatches, disallowance of credit notes, excess ITC claimed, and GST liability on asset sales.
The second order, from the Assistant Commissioner (ST) (FAC), Perur Assessment Circle, Coimbatore, under Section 75(9) of the TNGST/CGST Act, 2017, imposes a substantial demand of ₹1,69,64,06,846, including ₹153,81,80,778 in total tax and ₹15,82,26,068 in penalty, with additional interest payable under Section 50(1). This order was also received on December 30, 2025, and relates to issues like turnover reconciliation, ITC mismatches, and credit note ITC reversals.
ACC Limited has stated that it will contest these orders by filing appeals before the appropriate authorities within the prescribed timelines. The company does not foresee any material impact on its financial, operational, or other activities as a result of these orders.
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