ALFA Filings
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Shree Cement's appeal was dismissed by SGST Patna. This reinstates a tax demand, interest, and penalty totaling ₹41.11 Crore.
Shree Cement received a ₹153.47 Crore income tax demand for FY 2022-23. The company plans remedial legal action and expects no material financial impact.
Shree Cement received a ₹0.39 Crore service tax demand order including interest and penalties. The company intends to appeal, citing no major financial impact.
Shree Cement Ltd reported that the Commissioner (Appeals), CE & CGST, Jodhpur dismissed its appeal against a demand order for technical reasons. This reinstates a penalty of ₹0.36 Crore related to the wrong availment of Cenvat Credit. The company stated the order has no major financial impact and is evaluating further legal options.
Shree Cement Ltd received a GST demand order for ₹8.31 Crore plus interest and penalties from the Commissioner, Central GST & Central Excise, Jodhpur. The demand relates to non-payment of service tax. The company intends to appeal the order before the Tribunal by July 15, 2026, and expects no major financial impact.