Shree Cement Receives ₹14.93 Crore GST Demand Order; Plans Appeal
Shree Cement Limited has received a Goods and Services Tax (GST) demand order from the Deputy Commissioner, State Tax, Special Circle, Patna, Bihar. The order, received on December 26, 2025, confirms...
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Why is SHREE CEMENT LIMITED in the news today?
SHREE CEMENT LIMITED (SHREECEM) is in the news due to the company has received a gst demand order, which is a negative development. however, the company disputes the demand and plans to appeal, stating no major financial impact, which mitigates the negativity.
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Shree Cement Receives ₹14.93 Crore GST Demand Order; Plans Appeal
December 27, 2025, 09:26 AM
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Shree Cement Limited has received a Goods and Services Tax (GST) demand order from the Deputy Commissioner, State Tax, Special Circle, Patna, Bihar.
The order, received on December 26, 2025, confirms a tax demand of ₹14,93,09,708/- along with interest of ₹9,18,25,472/- and a penalty of ₹1,49,30,971/-.
The alleged violations pertain to valuation and excess Input Tax Credit (ITC) availed. The company, however, stated that the order has no major financial impact as it disagrees with the contentions. Shree Cement plans to file an appeal under Section 107 of the Bihar GST Act on or before March 25, 2026.
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