Dalmia Bharat Subsidiary Receives GST Order: ₹11.16 Lakh Tax Demand
Dalmia Bharat Limited (DBL) announced that its wholly-owned subsidiary, Dalmia Cement (Bharat) Limited (DCBL), has received an Order from the Superintendent of CGST & CX, Bokaro, Jharkhand. The order...
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Why is Dalmia Bharat Limited in the news today?
Dalmia Bharat Limited (DALBHARAT) is in the news due to the company received a tax demand and penalty, which is a negative event. however, the company believes it has strong grounds to contest the order and expects no major financial impact, which mitigates the negative sentiment.
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Dalmia Bharat Subsidiary Receives GST Order: ₹11.16 Lakh Tax Demand
January 1, 2026, 11:08 AM
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Dalmia Bharat Limited (DBL) announced that its wholly-owned subsidiary, Dalmia Cement (Bharat) Limited (DCBL), has received an Order from the Superintendent of CGST & CX, Bokaro, Jharkhand.
The order pertains to the disallowance of Input Tax Credit (ITC) for the financial years 2018-19 to 2022-23, pursuant to adjudication proceedings under Section 74 of the Central Goods and Services Tax Act, 2017.
DCBL has been imposed a demand of tax amounting to ₹11,15,812/- along with applicable interest, and a penalty of ₹14,06,739/-. The order was received by DCBL on December 31, 2025, at 04:50 p.m.
Dalmia Bharat Limited stated that DCBL has strong grounds to contest this order and intends to file an appeal before the Appellate Authority within the prescribed timelines. The company believes the order will not have a major financial impact on DCBL, as the amounts are limited to the specified tax, interest, and penalty.
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