JK Cement Limited Receives Orders in SGST Appeal Cases For FY18-19 and FY20-21
J.K. Cement Limited has received orders from the Additional Commissioner (Appeals), SGST, Kota, concerning appeals against tax demand orders related to Financial Years 2018-19 and 2020-21. In both cases, the appeal resulted in a partial allowance by the authority.The company received these decisions on July 3, 2026. The underlying issue in both matters involved the alleged wrong availment of Input GST as not matching GSTR 2B/2A.
For the Financial Year 2018-19, the appeal filed against a demand order dated March 28, 2024, was partly allowed by the Additional Commissioner (Appeals), SGST, Kota. The authority ordered the dropping of the tax demand amounting to Rs 2,99,95,934/-. However, a minimal demand of Rs 9,83,196/- was confirmed alongside applicable interest and penalty of Rs 1,02,240/-.
In the case pertaining to Financial Year 2020-21, the appeal against a demand order dated February 17, 2025, was also partly allowed by the Additional Commissioner (Appeals), SGST, Kota. The tax demand of Rs 7,28,33,509/- was dropped. A minimal demand of Rs 65,984 was confirmed in this case, along with applicable interest and penalty amounting to Rs 10,000/-.
While both orders are partly favorable, the company stated that neither order has a major financial impact on its operations. J.K. Cement Limited noted that the contentions imposing demand are not agreed upon by the company, which believes it possesses a strong case on merits. Consequently, the company intends to file an appeal before the GSTAT within the statutory timeline for both matters.
The details of the two tax appeals and their resolutions are summarized below:
| Particulars | FY 2018-19 Case Details | FY 2020-21 Case Details |
|---|---|---|
| Authority | Additional Commissioner (Appeals) State Tax, Kota | Additional Commissioner (Appeals) State Tax, Kota |
| Original Demand Dropped | Rs 2,99,95,934/- | Rs 7,28,33,509/- |
| Minimal Demand Confirmed | Rs 9,83,196/- | Rs 65,984/- |
| Interest and Penalty Confirmed | Rs 1,02,240/- | Rs 10,000/- |
| Violation Alleged | Wrong availment of Input GST (as not matched with GSTR 2B/2A) | Wrong availment of Input GST (as not matched with GSTR 2B/2A) |
JKCEMENT Stock Price Movement
Shares of JK Cement Limited closed on Friday, slipping by 0.61% in the market and settling at ₹5495.5. The equity saw a total traded volume of 92,631 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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