Integrated Filing-Governance



General information about company

Scrip Code 502137
NSE Symbol DECCANCE
MSEI Symbol NOTLISTED
ISIN INE583C01021
Name of the entity DECCAN CEMENTS LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? Yes
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? No
Reason For Part D Of Annexure I Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity No Fine or Penalty imposed by any Authorities during the quarter
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 2000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID d00033
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Ms. PARVATHI PENMETCHA 00016597 Executive Director Chairperson related to Promoter MD 26-Aug-1965 No Active NA 01-Jul-1998 01-Apr-2022 1 0 1 0
2 Mrs. MAHPARA ALI 06645262 Non-Executive - Independent Director Not Applicable 28-Jul-1951 No Active Yes 26-Mar-2025 01-Apr-2020 01-Apr-2025 72 1 1 1 1
3 Mr. VENKATESWARLU SHONTI 08602254 Executive Director Not Applicable 01-Jun-1961 No Active NA 11-Nov-2019 11-Nov-2024 1 0 1 0
4 Mr. PATURI SRINIVASA RAO 01220158 Non-Executive - Independent Director Not Applicable 11-Jul-1967 No Active NA 01-Apr-2024 01-Apr-2024 24 2 1 2 1
5 Mr. RABINDRA SRIKANTAN 00024584 Non-Executive - Independent Director Not Applicable 24-Jan-1961 No Active NA 01-Apr-2024 01-Apr-2024 24 2 1 2 0
6 Mr. SRIVARI CHANDRASHEKHAR 00481481 Non-Executive - Independent Director Not Applicable 09-Mar-1964 No Active NA 28-May-2024 28-May-2024 22.04 2 2 3 0



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory Mrs. Mahpara Ali was appointed as the member of the Audit Committee on 1st April 2024 and appointed as the Chaiperson of the Audit Committee with effect from 11th July 2024..



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06645262 MAHPARA ALI Non-Executive - Independent Director Chairperson 01-Apr-2024 Textual Information(1)
2 01220158 PATURI SRINIVASA RAO Non-Executive - Independent Director Member 01-Apr-2024
3 00024584 RABINDRA SRIKANTAN Non-Executive - Independent Director Member 11-Jul-2024
4 00481481 SRIVARI CHANDRASHEKHAR Non-Executive - Independent Director Member 11-Jul-2024



Text Block
Textual Information(1) Mrs. Mahpara Ali was appointed as the member of the Audit Committee on 1st April 2024 and appointed as the Chaiperson of the Audit Committee with effect from 11th July 2024.



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01220158 PATURI SRINIVASA RAO Non-Executive - Independent Director Chairperson 01-Apr-2024
2 06645262 MAHPARA ALI Non-Executive - Independent Director Member 18-Mar-2024
3 00024584 RABINDRA SRIKANTAN Non-Executive - Independent Director Member 01-Apr-2024
4 00481481 SRIVARI CHANDRASHEKHAR Non-Executive - Independent Director Member 10-Aug-2024



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01220158 PATURI SRINIVASA RAO Non-Executive - Independent Director Chairperson 10-Aug-2024
2 00016597 PARVATHI PENMETCHA Executive Director Member 23-Jun-2009
3 08602254 VENKATESWARLU SHONTI Executive Director Member 18-Mar-2024
4 00481481 SRIVARI CHANDRASHEKHAR Non-Executive - Independent Director Member 10-Aug-2024



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00024584 RABINDRA SRIKANTAN ID Chairperson 10-Aug-2024
2 01220158 PATURI SRINIVASA RAO ID Member 10-Aug-2024
3 08602254 VENKATESWARLU SHONTI ED Member 11-Jun-2021
4 99999999 DARURI RAGHAVA CHARY CFO Member 11-Jun-2021 Textual Information(1)



Text Block
Textual Information(1) Mr. Daruri Raghava Chary is not a Director.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 23-Oct-2025 Yes 6 6 4
2 11-Nov-2025 Yes 6 6 4
3 12-Feb-2026 92 Yes 6 6 4



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 11-Nov-2025 Yes 4 4 4 0
2 Audit Committee 12-Feb-2026 92 Yes 4 4 4 0
3 Risk Management Committee 11-Nov-2025 Yes 3 3 2 1
4 Stakeholders Relationship Committee 11-Nov-2025 Yes 4 4 2 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory BIKRAM KESHARI PRUSTY
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes www.deccancements.com
1.2 Memorandum of Association and Articles of Association Yes www.deccancements.com
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes www.deccancements.com
2 Terms and conditions of appointment of independent directors Yes www.deccancements.com
3 Composition of various committees of board of directors Yes www.deccancements.com
4 Code of conduct of board of directors and senior management personnel Yes www.deccancements.com
5 Details of establishment of vigil mechanism or whistle blower policy Yes www.deccancements.com
6 Criteria of making payments to non-executive directors Yes www.deccancements.com
7 Policy on dealing with related party transactions Yes www.deccancements.com
8 Policy for determining material subsidiaries NA
9 Details of familiarization programmes imparted to independent directors Yes www.deccancements.com
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes www.deccancements.com
11 Email address for grievance redressal and other relevant details Yes www.deccancements.com
12 Financial results Yes www.deccancements.com
13 Shareholding pattern Yes www.deccancements.com
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet NA
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls NA
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes www.deccancements.com
18 Credit rating or revision in credit rating obtained Yes www.deccancements.com
19 Separate audited financial statements of each subsidiary of the listed entity Yes www.deccancements.com
20 Secretarial compliance report Yes www.deccancements.com
21 Materiality policy as per regulation 30 (4) Yes www.deccancements.com
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes www.deccancements.com
23 Disclosures under regulation 30(8) Yes www.deccancements.com
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes www.deccancements.com
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes www.deccancements.com
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes www.deccancements.com
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes www.deccancements.com
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) NA
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) NA
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) NA
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied NA
Any other information to be provided



Annexure II
1 Name of signatory BIKRAM KESHARI PRUSTY
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 150000 250000
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 0
KMPs or any other entity controlled by them 200000 201657
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes
Name D RAGHAVA CHARY
Designation Chief Financial Officer
Place Hyderabad
Date 28-Apr-2026



Signatory Details
Name of signatory BIKRAM KESHARI PRUSTY
Designation of person Company Secretary and Compliance Officer
Place HYDERABAD
Date 29-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 15
No. of investor complaints disposed off during the Quarter 15
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter
1 DECCAN SWARNA CEMENTS PRIVATE LIMITED 13-Mar-2024 100 0 100


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 The Commissioner of Commercial Taxes, Hyderabad 23-Nov-2006 The Sales Tax Dept. demanded Rs. 85,67,680/- Tax on alleged deemed excess production of Cement based on the Energy Audit for the Asst. Year 1999-2000 and Asst. Year 2000-01. The Company has fild SPLA 1/2007 and SPLA 2/2007 before the Honorable High Court of Telangana. The Honorable High Court in their interim order Stayed collection of the disputed amount. The matters are pending The Matters are pending before the Honorable High Court of Telangana.
2 Commissioner of Customs, Central Excise and Service Tax, Guntur 05-Jul-2013 The Company had imported 25,000 MTs of coal from different suppliers and cleared the same classifying under CTH 2701 1920 claiming the same as Steam Coal. The Company claimed the benefit of exemption Notification No. 12/2012-Cus. Dated 17.03.2012 (SI. No. 123 as amended). On the ground that the calorific value of coal imported by the Company was greater than 5833 kcal/kg and its volatile matter exceeded 14%, the Commissioner of Customs, Central Excise and Service Tax, Guntur, the Adjudicating Authority, passed the order that the coal imported by the Company was correctly classifiable as Bituminous Coal under CTH 2701 12 00. Therefore, the Company was liable to duty as provided for SI. No. 124 in the notification ibid. Initially, the Company had paid Rs.1.00 crore on 12.11.2012. Again, before the adjudication order was passed, the Company had paid Rs.1,42,42,498 (entire differential duty along with interest) to the Commissioner of Customs, Guntur. However, the Commissioner of Customs in OIO No. 38/2013-Customs dated 28.11.2013, passed the order that the Company required to pay an amount of Rs. 1,42,42,498/- as differential duty, imposed a redemption fine of Rs.2,00,000/- in lieu of confiscation of goods of 25,000 MTs under Section 125 of the Customs Act, 1962 and imposed a penalty of Rs. 1,55,27,200/-. Aggrieved by the order of the Commissioner with regard to imposition of low Redemption Fine of Rs.2,00,000/- in lieu of confiscation against the quantity of 2806.07 MTs having value of Rs. 1,44,61,018/-, the Department has filed Appeal No. C/21256/2014 before the CESTAT, Bangalore, and the said matter is transferrd to pending before the CESTAT, Hyderabad. Against the said adjudication order passed by the Commissioner, the Company had filed Appeal No. C/20762/2014-DB, and Stay Application No. C/Stay/2084/2014 before the CESTAT, Bangalore. CESTAT, Bangalore on 03.07.2014 passed the final order in 21062/2014 wherein they upheld the decision of the Adjudicating Authority as far as demand for customs duty and interest thereon. Whereas, they set aside the penalty and redemption of fine. The Company has filed Civil Appeal No.10299/2014 in Oct 2014 before Hon’ble Supreme Court against CESTAT - Bangalore final order No. 21062/2014 Dated 03.07.2014 in an Appeal No. C/20762/2014-DB. Matter is pending before the Honorable Supreme Court of India. The Department has filed CEA No.85/2015 before the Hon'ble Andhra Pradesh High Court to set aside the CESTAT's Final Order No.21062/2014, dated 03-07-2014 to the extent of dropping the penalty and redemption of fine against the company, which amounts to Rs.1,55,27,200/-. The matter is pending before the Andhra Pradesh High Court. Matters are pending before the Honorable Supreme Court of India, and High Court of Andhra Pradesh, and CESTAT, Hyderabad
3 Assistant Commissioner of Commercial Taxes-LTU, Nalgonda and 5 Others 21-Oct-2014 The Asst. Commissioner of Commercial Taxes, LTU, Nalgonda issued impunged Notice dated 7th October 2014 calling upon the Company to pay the deffered Sales Tax for the FY 2000-01 availed under APGST and CST Act to a Total amount of Rs.1,21,20,161/- on or before 31st March 2014, contrary to the GOMs No.108 dated 20th May 1996 and the final eligibility certificate dated 6th June 2000 as revised by the eligibility certificate dated 11th December 2002 and the agreement entered into by the the Company with the State of Andhra Pradesh on 31st March 2001. The company suppose to repay the sales tax deferment availed in the year 2000-01 as tax liability for the month of March 2015 along with the monthly return for the said month, the repayment for the subsequent years 2001-02 and onwards as payable at the end of the fourteenth year thereof. The Company has filed the Writ Petition 31807/2014 before the Hon'ble High Court. Matter is pending. However, the Company is making the repayment as per the schedule in the Agreement. Matter is pending before the Honorable High Cout of Telangana
4 Commissioner of GST & Central Excise, Ranga Reddy GST Commissionerate, Hyderabad, Telangana 31-Dec-2015 The Company was paying Clean Energy Cess on imported coal used as input to its cement manufactuing process and taking input tax credit. On the objection raised by the GST Authorities, the Company had reversed the Input Credit. However, the Commissioner of GST & Central Excise, Ranga Reddy GST Commissionerate, Hyderabad, Telangana in their Adjudication Order-In-Original Nos. HYD-EXCUS-003-COM-012-15-16 dt.31.12.2015, HYD-EXCUS-003-COM-040-16-17 dt.31.05.2016, HYD-EXCUS-004-COM-018-17-18 dt.31.10.2017 confirmed the demand and reversal of credit availed. Further, the Adjudicating authority held that no interest need to be paid as the company did not avail the credit though it has taken in the books. Therefore, penalty is not to be imposed on the company. Aggrieved by the order of adjudicating authority, the Company had filed Appeal Nos. 30305/2016, No.30704/2016, 30220/2018 before the CESTAT, Hyderabad. The Hon’ble Tribunal vide the impugned common Final Order No.A/30684-30692/2019 dt.16.07.2019 had upheld the denial of cenvat credit on Clean Energy Cess while setting aside the penalty and interest. Aggrieved by the impugned order of the Hon’ble Tribunal as far as denial of cenvat credit of Clean Energy Cess is concerned, the Company has preferred appeal before the Hon'ble High Court of Telangana by filing CEA 07/2020, CEA 08/2020, and CEA 11/2020. Matters are pending. Matters are pendig before the Honorable High Court of Telangana.
5 Assistant Commissioner of Income Tax, Circle 8(1), Hyderabad 30-May-2023 The Company had filed its IT Return for the A.Y. 2015-16 on 30.09.2015 declaring the total income at Rs. 13,68,59,390/- under normal provision of the Act and Rs. 21,34,25,085/- under MAT provision. The return was processed and an order u/s 143(1) of the IT Act was passed on 31.01.2016 resulting in a demand payable of Rs. 2,44,920/-. Subsequently, the case was selected for reopening and a notice u/s 148 of the IT Act dated 31.07.2022 was issued to the Company. Thereafter, an order u/s 147 r.w.s. 144B of the IT Act was passed on 30.05.2023 by assessing the income at Rs. 17,66,27,538/- resulting in a demand payable of Rs. 2,76,599/-. However, on perusal of the computation sheet, it is noticed that the total income was considered at 13,60,40,570/- in computation sheet instead of Rs, 17,66,27,538/- as assessed vide order dated 19.02.2024 which resulted in underassessment of assessed income with a consequential short demand of Rs. 2,72,32,375/-. As per the assessment order the total demand is Rs.2,75,08,974/-. The Company has filed an appeal against the assessment order passed by the Asst. Commissioner. Appeal is pending
6 Assistant Commissioner (ST)-Special Circle-1, Andhra Pradesh 15-Nov-2023 Suppliers had wrongly reported in Form GSTR 01, the supplies made to the Company as B2C supply instead of B2B supply for the tax period of 2017-18 (during impementation period of GST). The supplier submitted certificate to the GST Authorities stating that they wrongly reported the B2B supplies as B2C supplies. However, the Asst. Commissioner (ST) (Audit), Regional GST Audit & Enforcement Office, Vijaywada did not considered the above stated facts into consideration and passed the impunged order on 15th November 2023. As per the said order, the demand is as under: Tax: Rs.9,22,796 Interest: Rs.5,82,044 (upto 15.11.2023) Penalty: Rs.92,280 Total Rs.15,97,120/- The Company has pre-deposited Rs.92,280/- (10% of the disputed tax) and filed an Appeal before the Appellate Additional Commissioner (ST) at Vijaywada on 13th Februray 2024. Personal hearing was hed on 9th July 2024. Pending before the Appellate Additional Commissioner (ST) at Vijawada.