ScoutQuest7 Oct 2026
Shree Cement500387Tax or GST

GST appeal dismissed; tax demand of Rs. 9,88,093/- and penalty reinstated

Joint Commissioner (Appeals), Hyderabad dismissed the company's appeal on wrong availment of ITC.

Tax Demand Upheld
Rs. 9,88,093/- (includes deposit of Rs. 4,830/-)
Penalty Upheld
Rs. 1,16,685/-
Tax Demand and Penalty Dropped
Rs. 37,083/- demand and Rs. 641/- penalty dropped

The company has disclosed that the Joint Commissioner (Appeals), Hyderabad has dismissed the appeal shared against the demand order passed by the Superintendent, Central Tax, Punjagutta, Hyderabad, thereby reinstating the demand including penalty. The disclosure follows the company's earlier intimations dated 28th February, 2025.

The order in numbers

What the company has said

The company states that the order has no major financial impact on it. It also states that the Authority has not considered the facts and averments submitted, and that, based on the merits, an appeal before the GST Appellate Tribunal shall be shared within the prescribed time under Section 112 of the Telangana GST Act, 2017.

What to take from this

More numbers
  • Tax demand upheldRs. 9,88,093/-
  • Deposit included in the tax demandRs. 4,830/-
  • Penalty upheldRs. 1,16,685/-
  • Tax demand droppedRs. 37,083/-
  • Penalty droppedRs. 641/-
Source: BSE · 7 Oct 2026

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.