UltraTech Cement Receives GST Orders, No Material Financial Impact Expected

UltraTech Cement Limited has announced that it has received Orders from the Joint Commissioner of Central Goods and Services Tax in Noida, Uttar Pradesh, and from the Joint Commissioner of Central Goo...

UltraTech Cement Limited has announced that it has received Orders from the Joint Commissioner of Central Goods and Services Tax in Noida, Uttar Pradesh, and from the Joint Commissioner of Central Goods and Services Tax in Bolpur, West Bengal. The order from the Noida authority confirmed a demand of ₹72,62,390 for GST, ₹86,22,535 for interest, and ₹1,49,41,110 for penalty. This demand is due to alleged ineligible Input Tax Credit (ITC) availed on blocked credits and ITC claimed from vendors whose registrations have been cancelled and who have failed to file GSTR-3B. The company received this order on December 18, 2025. The order from the Bolpur authority dropped a tax demand of ₹2,91,97,103 along with applicable interest and penalty. However, it upheld a tax liability of ₹1,74,64,611, along with applicable interest and penalty of ₹1,74,64,611. This relates to allegations of claiming excess Input Tax Credit in GSTR 3B returns compared to GSTR 2A. This order was also received on December 18, 2025. UltraTech Cement is currently reviewing these orders and will decide on the future course of action. The company has stated that there is no material financial impact on its operations from these orders.

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Why is UltraTech Cement Limited in the news today?

UltraTech Cement Limited (ULTRACEMCO) is in the news due to the company received gst orders, one imposing a demand and penalty, and another dropping a demand but upholding a liability. while the company states no material financial impact, the existence of demands and penalties suggests a neutral sentiment.

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UltraTech Cement Receives GST Orders, No Material Financial Impact Expected

December 19, 2025, 10:34 AM

AI Sentiment Analysis

UltraTech Cement Limited has announced that it has received Orders from the Joint Commissioner of Central Goods and Services Tax in Noida, Uttar Pradesh, and from the Joint Commissioner of Central Goods and Services Tax in Bolpur, West Bengal.

The order from the Noida authority confirmed a demand of ₹72,62,390 for GST, ₹86,22,535 for interest, and ₹1,49,41,110 for penalty. This demand is due to alleged ineligible Input Tax Credit (ITC) availed on blocked credits and ITC claimed from vendors whose registrations have been cancelled and who have failed to file GSTR-3B. The company received this order on December 18, 2025.

The order from the Bolpur authority dropped a tax demand of ₹2,91,97,103 along with applicable interest and penalty. However, it upheld a tax liability of ₹1,74,64,611, along with applicable interest and penalty of ₹1,74,64,611. This relates to allegations of claiming excess Input Tax Credit in GSTR 3B returns compared to GSTR 2A. This order was also received on December 18, 2025.

UltraTech Cement is currently reviewing these orders and will decide on the future course of action. The company has stated that there is no material financial impact on its operations from these orders.

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