SHREE CEMENT LIMITED (SHREECEM) — Announcement Announcement
📢 Key Event
GST demand of Rs. 3.92 million issued by tax authority
🔄 What Changed
GST demand received for the first time
🔮 What's Next
Appeal to be filed within 2 months
💡 Investor Takeaway
The GST demand is minor and under dispute with no expected financial strain on the company.
⚠️ Risks
Potential appeal process and regulatory scrutiny
Shree Cement disclosed a GST demand of Rs. 3.92 million from the Assistant Commissioner of Central GST & Central Excise, Pali, dated May 11, 2026, alleging non-payment of service tax. The company disputes the demand, plans to file an appeal within two months, and states the order has no major financial impact on operations.
📄 View Original Announcement (PDF)
About SHREE CEMENT LIMITED (SHREECEM)
Construction Materials · Cement & Cement Products · Listed on NSE
Market Cap: ₹90,093.63 Cr
P/E: 73.6
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.