DCM Shriram Ltd

🚨 DCM Shriram Faces ₹1.72 Cr GST Demand & Penalty in Rajasthan

- GST demand of ₹85.8L issued by CGST, Kota for FY 2022-23.

- Matching penalty of ₹85.8L + interest also imposed.

- Dispute centers on ITC denial for cargo handling services linked to coal purchases (alleged non-receipt).

- Order received Dec 22, 2025; notified Dec 23.

- Company will appeal, citing documented proof of services.

- No major financial/operational impact expected beyond this case.