Cera Sanitaryware Limited has informed the Exchange about disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.
CERA · price
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Awaiting price reaction for this filing.
Cera Sanitaryware received two demand orders from the Assistant Commissioner of GST, Medchal Jurisdiction, Telangana on 24 September 2025. The first order under Section 74 of the CGST Act demands Rs. 40,76,468 (Rs. 20.38 lakh tax + equal penalty). The second order under Sections 73 and 74 demands Rs. 22,34,478 (Rs. 11.35 lakh tax + Rs. 10.99 lakh penalty). Total combined demand is about Rs. 63.1 lakh. The tax authority alleges the company short-paid taxes and claimed input tax credits that are blocked under Section 17(5). The company states there is no material financial or operational impact and plans to file an appeal against the orders.
The total demand of roughly Rs. 63 lakh is small relative to Cera's overall business and the company has stated no material impact on financials or operations. Shareholders should monitor the appeal outcome, but the immediate impact on the stock is likely minimal.