Birla Corporation Limited Announces the Details of the Order Passed by the Assistant Commissioner, CGST & CX, Budge Budge Division, Kolkata South Commissionerate
Birla Corporation Limited announced the details of the Order passed by the Assistant Commissioner, CGST & CX, Budge Budge Division, Kolkata South Commissionerate, received by the Company on 6 September 2024. Order passed confirming the demand pertaining to payment of Central Excise Duty, Jute Cess, Education Cess, Secondary and Higher Education Cess against clearance of goods as per the provisions of Central Excise Act/Rules, during the period 2007-08, 2008-09, 2009- 10 and 2010-11. Central Excise Duty: INR 80,985, Jute Cess: INR 39,313, Education Cess: INR 2,381, Secondary and Higher, Education Cess: INR 1,192 Penalty plus applicable interest: INR 144,920.
Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 6 September 2024. Demand Order raised against the Company alleging Goods cleared without payment of Central Excise Duty, Jute Cess, Education Cess and Secondary and Higher Education Cess as per the provisions of Central Excise Act/Rules which is recoverable under section 11A(1) of the Central Excise Act, 1944. INR 268,791 plus applicable interest The Company believes that the above order is not maintainable and hence is in the process of filing an Appeal against the said order/demand.
Birla Corporation Limited is an India-based holding company. It is primarily engaged in the manufacturing of cement and clinker. It also manufactures jute products and steel castings. Its segments include cement, jute and others. The Cement Division has over 10 plants at eight locations. It manufactures varieties of cement like Ordinary Portland Cement (OPC-43 & 53 grades), Portland Pozzolana Cement (PPC-fly ash-based), Portland Slag Cement (PSC), Sulphate Resistant Cement and Composite Cement. Its cement products are marketed under the brand names of MP Birla Cement PERFECT PLUS, RAKSHAK, SAMRAT ADVANCED, ULTIMATE ULTRA, UNIQUE PLUS, SAMRAT, ULTIMATE, CHETAK, PSC, and MULTICEM & CONCRECEM. Its cement product has application in Metro line, airport runway, reservoirs, industrial building, and others. The Company is manufacturing over 120 tons of a variety of jute products in Birla Jute Mills. Its jute product range applications include yarns, bags, ropes, mats, carpets, and panama.
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Birla Corporation Limited Announces the Details of the Order Passed by the Assistant Commissioner, CGST & CX, Budge Budge Division, Kolkata South Commissionerate
