General Announcement::Disclosure w.r.t. order passed by Assistant Commissioner

Issuer & Securities

Issuer/ Manager
ULTRATECH CEMENT LIMITED
Securities
ULTRATECHUS$400M2.8%N310216A - US90403YAA73 - MTZB
ULTRATECHUS$400M2.8%N310216R - USY9048BAA18 - WQ5B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Nov-2023 22:40:16
Status
New
Announcement Sub Title
Disclosure w.r.t. order passed by Assistant Commissioner
Announcement Reference
SG231106OTHROVFI
Submitted By (Co./ Ind. Name)
Sanjeeb Kumar Chatterjee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Dear Sirs,
We write to inform you that the Company has received an Order from the Assistant Commissioner, CGST & C. Ex Division 3, Bhavnagar raising demand for GST of 1,14,87,546 together with interest and equivalent penalty for alleged non-payment of differential GST on royalty of mined limestone.
The Company will seek legal recourse to contest the above order since the differential duty with interest was already deposited, but has not been taken cognizance of by the authority. Attached is the information required in Annexure A.
The above is for your information and record.

Attachments

SE.pdf
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