MANGLMCEMMangalam Cement Limited
Mangalam Cement receives a GST order confirming a ₹0.90 crore input tax credit demand plus penalties
- Legal
- Cement And Cement Products
Mangalam Cement Limited has told the exchanges on 8 Oct 2026 that it has received an order from the Deputy Commissioner, Central GST Division, Kota Rural, in relation to alleged wrong availment of input tax credit of ₹0.90 crore (IGST). The order confirms the demand under Section 74(9) of the CGST Act, 2017, with applicable interest under Section 50.
Penalties of ₹0.90 crore each have been imposed under Section 74, Section 122(1)(x) and Section 122(1)(xvii). The company’s Company Secretary received the information on 8 Oct 2026, and the details were filed as an annexure.
Inference
The demand plus three penalties of equal size adds up to about ₹3.6 crore before interest. The part of the filing reviewed here does not say whether the company will appeal.
Reference: Original filing (PDF)
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