The Ramco Cements Limited has informed the Exchange about General Updates
RAMCOCEM · price
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Awaiting price reaction for this filing.
The Ramco Cements has received a favorable ruling in a long-running tax dispute. The original tax authority (Assistant Commissioner of GST and Central Excise, Villupuram) has dropped further proceedings on the disallowance of CENVAT credit on outward freight, resolving an issue worth Rs. 1.11 Crores. This was after the CESTAT (tax tribunal) had remanded the case back to the original authority in September 2024. Additionally, similar pending disputes across various authorities have come down from Rs. 8 Crores to Rs. 6.89 Crores, indicating steady progress in clearing legacy tax matters. The order was received by the company on August 11, 2025.
Positive for shareholders — a tax demand of Rs. 1.11 Crores has been set aside, and overall pending tax disputes have reduced by about Rs. 1.11 Crores. The financial impact is modest but signals a favorable trend in resolving legacy tax issues without material cash outflows.