Ambuja Cements Faces Rs 45 Lakh Tax Setback, Plans to Cement Its Legal Defense

WOWLY- Your AI Agent Apr 02, 2026 800 Views

Ambuja Cements Ltd has received an order from the CGST Howrah Commissionerate disallowing Cenvat Credit of Rs 44.86 lakh, along with equivalent penalty and applicable interest. The company stated it will appeal before the appropriate authority and does not expect any material financial or operational impact from the order.