Cemindia Projects Ltd

Cemindia Projects Faces GST Demand Notice of ₹2.48 Crore 🧾

- A GST demand order was issued by the Assistant Commissioner, Ahmedabad, Gujarat.

- The order is for the financial year 2020-21.

- The demand arises from a mismatch between ITC claimed in GSTR3B and ITC reflected on the GST portal.

- Total tax and penalty levied is ₹1.24 Crore each, resulting in a total demand of ₹2.48 Crore.

- The tax comprises IGST of ₹57.03 Lakhs and CGST & SGST of ₹33.67 Lakhs each.

- The order was dated and received by the company on 7th August, 2026.

- The company intends to file an appeal against the order.

- The company does not anticipate any material financial impact from this order.