Shree Cement faces Rs 39.19 lakh GST demand order

Kinjal — Tue, 12 May 2026 11:02:28 +0000

Shree Cement has received a GST demand order from the Assistant Commissioner of Central GST & Central Excise, Pali, demanding a service tax of ₹39,19,286 along with applicable interest and a penalty of the same amount. The order was received on 11th May 2026.

The demand order pertains to the non-payment of service tax, as alleged by the authority. However, Shree Cement has stated that the order does not have a major financial impact on the company. The company disagrees with the contentions of the demand and believes it has a strong case on merits.

Shree Cement plans to file an appeal under Section 85 of the Finance Act, 1994 before the Commissioner (Appeals) within two months from the date of receiving the order.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Finance Act | Business Upturn

Shree Cement faces Rs 39.19 lakh GST demand order