Dalmia Bharat Limited — Important, 23-05-2025: General Updates

Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat, faces a tax demand of Rs. 81.1 lakh plus an Rs. 8.2 lakh penalty over alleged duplicate Input Tax Credit claims for 2019-20. The company disputes the claim, asserting only one ITC claim was made, and plans to file a second appeal. The financial impact is limited to this tax liability and is not expected to materially affect the company’s overall financial position.