UltraTech Cement faces GST demand over stamp duty, registration fees

UltraTech Cement Limited announced on November 4, 2025, that it has received an order from the Additional Commissioner, CGST & Central Excise, Ujjain. The order confirms a demand for Goods and Services Tax (GST) amounting to Rs. 6,49,90,944, along with an equivalent amount for interest and penalty.

The demand for GST stems from the reverse charge mechanism (RCM) applied to stamp duty and registration fees paid by UltraTech Cement for executing a lease deed. The company is currently reviewing the order to determine its next course of action.

UltraTech Cement stated that there is no material financial impact on the company from this order. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.