HeidelbergCement India receives GST orders; claims no material impact

HeidelbergCement India Limited has announced the receipt of two orders from the Additional Commissioner, CGST and Central Excise, Jabalpur. The first order, dated 27th December 2025, pertains to the r...

HeidelbergCement India Limited has announced the receipt of two orders from the Additional Commissioner, CGST and Central Excise, Jabalpur. The first order, dated 27th December 2025, pertains to the recovery of excess availed and utilized Input Tax Credit (ITC) amounting to ₹1,90,46,481 for FY 2021-22, along with a penalty of ₹19,04,648 and applicable interest. It also includes an order for recovery of non-payment of GST amounting to ₹13,00,98,188 for the same fiscal year, with a penalty of ₹1,30,09,818 and applicable interest. The second order, dated 28th December 2025, is for the recovery under Section 74 of the CGST Act, 2017, of excess availed ITC amounting to ₹17,83,20,558 during FY 2018-19, along with a penalty of ₹17,83,20,558 and applicable interest. The company stated that these orders neither have any material impact on its financials nor on its operational or other activities. HeidelbergCement India is reviewing the orders and considering all legal options to contest the demands.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is HeidelbergCement India Limited in the news today?

HeidelbergCement India Limited (HEIDELBERG) is in the news due to the company has received gst orders with demands and penalties, which could be viewed negatively. however, the company explicitly states that there is no material impact on its financials or operations and that it plans to contest the demands, thus mitigating the immediate negative sentiment.

Other Regulatory FilingsLitigation Updates
HeidelbergCement India LimitedHEIDELBERGhttps://prysm.fi/v2/analyze/HEIDELBERG

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

HeidelbergCement India receives GST orders; claims no material impact

December 29, 2025, 12:29 PM

AI Sentiment Analysis

Top Queries to Ask About HeidelbergCement India Limited

More Details on This News

HeidelbergCement India Limited has announced the receipt of two orders from the Additional Commissioner, CGST and Central Excise, Jabalpur. The first order, dated 27th December 2025, pertains to the recovery of excess availed and utilized Input Tax Credit (ITC) amounting to ₹1,90,46,481 for FY 2021-22, along with a penalty of ₹19,04,648 and applicable interest. It also includes an order for recovery of non-payment of GST amounting to ₹13,00,98,188 for the same fiscal year, with a penalty of ₹1,30,09,818 and applicable interest.

The second order, dated 28th December 2025, is for the recovery under Section 74 of the CGST Act, 2017, of excess availed ITC amounting to ₹17,83,20,558 during FY 2018-19, along with a penalty of ₹17,83,20,558 and applicable interest.

The company stated that these orders neither have any material impact on its financials nor on its operational or other activities. HeidelbergCement India is reviewing the orders and considering all legal options to contest the demands.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained -“Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

More News on HeidelbergCement India Limited

Discover more trending news on Prysm

View All