Birla Corporation Limited submitted the details of the Order passed by the Commissioner (Appeals), State Tax, Patna, Bihar pertaining to GST received by the Company on 28 October 2024. Nature and details of the action(s) taken, initiated or order(s) passed: the company had received a Demand Order pertaining to availment/utilization of excess Input Tax Credit in GSTR 3B in Bihar State, for the period April, 2018- March, 2019 in comparison to the ITC reflected in GSTR-2A in column 8A of GSTR-9 filed for the year 2018-2019 for an aggregate amount of INR 37,037,247 (which includes tax of INR 21,786,617, Interest INR 13,071,969 and Penalty- INR 2,178,661. The Company had filed an Appeal before the Commissioner (Appeals) against the Order passed by Joint Commissioner of State Tax.
The Commissioner (Appeals), State Tax, Patna, Bihar vide their Appeal Order dated 26 October, 2024 has allowed the Appeal filed by the Company and has set aside the entire Demand Order passed by the Joint Commissioner. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 28 October 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: The Commissioner (Appeals), State Tax, Patna, Bihar vide their Appeal Order dated 26 October 2024 has allowed the Appeal filed by the Company and has set aside the Demand Order passed by the Joint Commissioner for an aggregate amount of INR 37,037,247.
There is no impact on financial, operation or activities of the Company as the entire Demand of Tax, Interest and Penalty has been dropped by the Commissioner (Appeals).
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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