Shree Cement Receives GST Demand Orders Totaling ₹1.05 Crore
Shree Cement Limited has announced the receipt of GST demand orders from tax authorities in Chhattisgarh and Karnataka. The Joint Commissioner, SGST Division-2, Raipur, Chhattisgarh, has issued a dem...
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 SHREE CEMENT LIMITED in the news today?
SHREE CEMENT LIMITED (SHREECEM) is in the news due to the company received gst demand orders, which could be negative. however, they have stated that these orders have no major financial impact and they intend to appeal, mitigating the potential negative sentiment.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Shree Cement Receives GST Demand Orders Totaling ₹1.05 Crore
December 31, 2025, 12:51 PM
Top Queries to Ask About SHREE CEMENT LIMITED
More Details on This News
Shree Cement Limited has announced the receipt of GST demand orders from tax authorities in Chhattisgarh and Karnataka.
The Joint Commissioner, SGST Division-2, Raipur, Chhattisgarh, has issued a demand order confirming a tax demand of ₹37,07,520, along with interest of ₹23,54,940 and a penalty of ₹3,90,754. This order, received on December 30, 2025, alleges excess availment of Input Tax Credit.
Similarly, the Assistant Commissioner, Central Tax & Central Excise, Gulbarga Division, Karnataka, has issued a demand order confirming a tax demand of ₹33,21,931, along with interest of ₹11,88,485 and a penalty of ₹33,21,931. This order was also received on December 30, 2025, and pertains to wrong availment of Input Tax Credit.
In both cases, the company stated that the orders have no major financial impact as they disagree with the contentions. Shree Cement Limited plans to file appeals against these orders on or before March 29, 2026, within the stipulated three-month period from the communication date of the orders.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“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
