UltraTech Cement faces GST demand over input tax credit

UltraTech Cement Limited announced on December 17, 2025, that it has received an order from the state tax officer, Gujarat, concerning a GST demand. The order includes a demand of INR 2,587,550 for GST, INR 1,962,568 for interest, and a penalty of INR 2,587,550.

The demand stems from GST due to input tax credit claimed from a vendor whose registration has since been cancelled. UltraTech Cement stated it is currently reviewing the order and will determine its next course of action.

Despite the demand, the company has indicated that there will be no material financial impact on its operations or other activities. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.