Dalmia Bharat Subsidiary Receives GST Order: ₹11.16 Lakh Tax Demand
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, received a GST order imposing a tax demand of ₹11.16 lakh with interest and a penalty of ₹14.07 lakh for FY 2018-19 to 2022-23. DCBL plans to appeal the order, stating it has good grounds to contest and expects no major financial impact.
The total demand and penalty are relatively small compared to the company's overall financial scale, and the company has expressed confidence in contesting the order, minimizing the potential impact.
The company received a tax demand and penalty, which is a negative event. However, the company believes it has strong grounds to contest the order and expects no major financial impact, which mitigates the negative sentiment.
Dalmia Bharat Limited (DBL) announced that its wholly-owned subsidiary, Dalmia Cement (Bharat) Limited (DCBL), has received an Order from the Superintendent of CGST & CX, Bokaro, Jharkhand.
The order pertains to the disallowance of Input Tax Credit (ITC) for the financial years 2018-19 to 2022-23, pursuant to adjudication proceedings under Section 74 of the Central Goods and Services Tax Act, 2017.
DCBL has been imposed a demand of tax amounting to ₹11,15,812/- along with applicable interest, and a penalty of ₹14,06,739/-. The order was received by DCBL on December 31, 2025, at 04:50 p.m.
Dalmia Bharat Limited stated that DCBL has strong grounds to contest this order and intends to file an appeal before the Appellate Authority within the prescribed timelines. The company believes the order will not have a major financial impact on DCBL, as the amounts are limited to the specified tax, interest, and penalty.
What to do with a filing like this
Dalmia Bharat Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Dalmia Bharat Limited. Read the original for the full detail.