JK Lakshmi Cement Limited — Others, 31-07-2025: Action(s) taken or orders passed

JK Lakshmi Cement received a tax order from the GST Department initially demanding ₹6.57 Cr for disallowed input tax credit and a ₹0.66 Cr penalty. The company appealed this decision. The appeal was successful, resulting in a significantly reduced confirmed financial implication of just ₹6,94,432 for the company. This update resolves a prior tax dispute with a favorable outcome, ensuring a minimal impact on the company's financials.