UltraTech Cement Limited has received Orders from the Assistant Commissioner, State Goods and Services Tax, Trichy, Tamil Nadu. The company was served with two separate orders. The first order pertains to alleged excess Input Tax Credit (ITC) availment in GST returns for FY 2022-23. This order confirms a tax demand of ₹10,68,37,871, along with interest of ₹5,34,77,451 and a penalty of ₹10,68,37,871. The company received this order on 29th January 2026. The second order relates to alleged excess ITC availment in GST returns for FY 2020-21. This order confirms a tax demand of ₹4,57,53,137, along with interest of ₹3,93,72,767 and a penalty of ₹4,57,53,137. The company received this order on 29th January 2026. In both cases, UltraTech Cement Limited stated that it would be contesting the demands and does not expect either order to have any material financial impact on the company.
