Categories: BUSINESS

GST notice: UltraTech Cement gets Rs 782 crore notice; company says it will contest

UltraTech Cement faces a significant Rs 782.2 crore GST demand notice from authorities for alleged short payment and improper input tax credit use between 2018-19 and 2022-23. The company, India’s largest cement producer, stated it is reviewing the order and plans to challenge it, asserting its submissions were not duly considered.
Sumitra

Recent Posts

HDFC Bank sends names of 2 CEO candidates to RBI

HDFC Bank has presented two candidates to the RBI for the upcoming role of managing…

7 hours ago

RBI rejects Tata Sons’ bid to stay private, directs listing

Tata Sons' bid to relinquish its core investment company registration has been turned down by…

7 hours ago

2 homebuyers paid Rs 1.16 crore, got no flats; RERA orders builder to refund with interest

The Maharashtra Real Estate Regulatory Authority has directed the developer to refund the amounts paid,…

1 day ago