JK Cement Limited (JKCEMENT) — Announcement

· NSE Neutral
📢 Key Event
Partial GST appellate relief granted for FY18-19 and FY20-21
🔄 What Changed
Demand amounts reduced; penalties confirmed
🔮 What's Next
Appeal to be filed before GSTAT within statutory timeline
💡 Investor Takeaway
Residual tax liabilities remain but company believes it has strong legal grounds to challenge them.

JK Cement received partial GST appellate relief for FY18-19 and FY20-21, with tax demands of [amount not verified] and [amount not verified] dropped, though minimal liabilities of [amount not verified] and ₹65,984 remain with penalties. The company plans to appeal the residual amounts before GSTAT within statutory deadlines, stating the rulings have no material financial impact and it maintains strong legal merits.

📄 View Original Announcement (PDF)

About JK Cement Limited (JKCEMENT)

Construction Materials · Cement & Cement Products · Listed on NSE

Market Cap: ₹42,219.37 Cr P/E: 58.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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