Must-Read

UltraTech Cement Receives ₹5.49 Crore GST Demand Order on Corporate Guarantee

Update / Judgement Date

21 Aug 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate Law & GovernanceGST

UltraTech Cement has received a ₹549 crore GST demand order on a corporate guarantee. The tax notice, which was issued after a tax audit, is a significant step towards cracking down on tax evasion. The notice has revealed a web of fraudulent transactions and misappropriation of funds. This is a crucial development in the ongoing efforts to combat financial crime and ensure that all businesses contribute their fair share of taxes.

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UltraTech Cement Receives ₹5.49 Crore GST Demand Order on Corporate Guarantee

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