HeidelbergCement India receives GST demand order worth ₹3.58 crore from Bhopal authorities
HeidelbergCement India Limited received a GST demand order from the Commissioner (Appeals), CGST and Central Excise, Bhopal, for ₹3,21,94,393 in GST levy plus ₹32,36,142 penalty and applicable interest. The order was issued on February 13, 2026, under Section 73 of CGST Act, 2017. The company stated the order will not materially impact its financials or operations and plans to contest it through legal channels.

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HeidelbergCement India Limited has received a significant GST demand order from tax authorities, requiring the company to pay over ₹3.58 crore in total dues including penalties and interest. The cement manufacturer disclosed this development to stock exchanges as part of its regulatory compliance obligations.
GST Authority Order Details
The Commissioner (Appeals), CGST and Central Excise, Bhopal issued the order numbered BHO-GST(C)-001-APP-169-25-26 on February 13, 2026. The company received this order on the same day at 6:49 PM. The order was passed under Section 73 of CGST Act, 2017, read with corresponding provisions of MPGST Act, 2017 and IGST Act, 2017 and Rules made thereunder.
Financial Impact Breakdown
The GST order comprises multiple components that significantly impact the company's immediate financial obligations:
| Component: | Amount (₹) |
|---|---|
| GST Levy: | 3,21,94,393 |
| Penalty: | 32,36,142 |
| Interest: | Applicable (amount not specified) |
| Total Demand: | 3,54,30,535+ (excluding interest) |
Company's Response and Impact Assessment
HeidelbergCement India has indicated that the GST order will not have any material impact on the company's financials or operational activities. The management is currently reviewing the order and considering all available legal options to contest the demand.
The company has emphasized that it plans to challenge the order through appropriate legal channels. This approach suggests that the management believes there are grounds to dispute the GST authority's findings and the resulting financial demands.
Regulatory Compliance
The disclosure was made under Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also published this information on its corporate website to ensure transparency with all stakeholders.
This development represents a significant regulatory matter for HeidelbergCement India, though the company maintains confidence in its position and ability to manage the situation without material business impact.
Historical Stock Returns for Heidelberg Cement
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.71% | -4.55% | -1.46% | -21.71% | -19.48% | -27.72% |


































