Saurashtra Cement Limited
Key Details of the Notice
Issuing Authority: Office of the Assistant Commissioner of State Tax, Unit-87, B/H Mamlatdar Office, Rajendra Bhuvan Road Veraval, Gir Somnath-362265
Legal Basis: Notice issued under Section 74 of the Central Goods Services Tax Act (CGST) Act 2017 and the Gujarat Goods and Services Tax (GGST) Act, 2017
Recipient Entity: The notice was received by Saurashtra Cement Limited (SCL) but pertains to Gujarat Siddhee Cement Limited, which was merged with Saurashtra Cement Limited pursuant to the order of the Hon'ble National Company Law Tribunal, Ahmedabad Bench dated 16th March 2023.
Date of Receipt: 24th August 2026
Subject Matter: Alleged short payment of GST on Royalty/DMF/NMET (Performance Audit on "Assessment, Levy and Collection of GST on Minerals") for the period 2020-21
Financial Amount: ₹29,47,85,060 (Rupees Twenty-Nine Crore Forty-Seven Lakhs Eighty-Five Thousand Sixty Only) towards tax, interest & penalty
Response Timeline and Hearing
Response Deadline: The company is required to show cause before the Assistant Commissioner of State Tax, Unit-87 Veraval, by 25th September 2026
Hearing Date: Scheduled for 18th September 2026
Company's Assessment and Expected Impact
Based on Saurashtra Cement Limited's assessment, the aforesaid demand is not maintainable. The company is evaluating this matter and will submit its reply within the prescribed time period.
The Company does not envisage any relevant impact on the financial, operations or other activities of the Company.