UltraTech Cement Faces Rs 1.08 Crore GST Demand Over Alleged Ineligible ITC Claim on Blocked Credits:

UltraTech Cement Limited has received a GST order demanding Rs 1.08 crore in tax along with interest and penalty over alleged ineligible ITC claims for FY20.

Company Says Action Does Not Impact Its Operations; Plans to Challenge

Saloni Kumari

Mar 13, 2026

Last update on Mar 13, 2026

UltraTech Cement Faces Rs 1.08 Crore GST Demand Over Alleged Ineligible ITC Claim on Blocked Credits UltraTech Cement Limited has recently disclosed that it has received an Order-in-Original passed by the Assistant Commissioner, State Goods and Services Tax, Maharashtra, on the grounds of alleged ineligible ITC claimed on blocked credits belonging to Financial Year 2019-20. The said order has imposed a tax demand amounting to Rs 1.08 Crore on the company, along with interest of Rs 1.17 Crore and a penalty of Rs 1.08 Crore. The order was received by the company on March 12, 2026. The company has stated that it is not satisfied with the GST order and is planning to challenge the same before the appropriate judicial authority. Further clarifies that the present action does not impact its financial, operational, or other activities. The aforementioned disclosure has been made by the company through a regulatory filing dated March 13, 2026, addressed to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), issued under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About Author

Saloni Kumari

Content Writer

Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].