Tax Demands for Shree Cement, Ansal; Kesoram’s Cut to ₹6 Cr
Representative AI image NEW DELHI: Shree Cement, Ansal Housing, and Kesoram Industries have received tax-related orders from authorities, with the companies planning to contest these demands. Shree Cement has been issued a service tax demand order of ₹8.31 crore from the Commissioner of Central GST and Central Excise in Jodhpur. This order, dated April 16, 2026, includes applicable interest and an equivalent penalty. The demand is related to alleged non-payment of service tax. Shree Cement disagrees with the findings and intends to appeal before the appropriate tribunal within the required timeline. The company does not expect any significant financial impact…