UltraTech Cement Ltd

UltraTech Cement Faces GST Demand of ₹13 Crore – What’s Next? ⚖️

- UltraTech Cement received GST demand order of ₹6.5 crore + equal penalty (total ~₹13 crore) from Ujjain tax authorities.

- Dispute relates to GST under Reverse Charge Mechanism (RCM) on stamp duty/registration fees for a lease deed.

- Company is currently evaluating the order and considering next steps.

- Maintains position that this won't have material financial impact on operations.