Shree Cement Limited has received a demand order from the Excise & Taxation Officer, State Tax, Mohali, Ropar, Punjab. The order, received on December 27, 2025, confirms a tax demand of ₹33,63,748/-, along with interest of ₹43,79,310/- and a penalty of ₹3,36,374/- The alleged contravention relates to the wrong availment of Input Tax Credit. The company, however, states that the order has no major financial impact on its operations. Shree Cement Limited intends to contest the order by filing an appeal under Section 107 of the Bihar GST Act. The appeal is expected to be filed on or before March 26, 2026, which is within three months from the date of communication of the order.