Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat Limited, has received an order from the Office of Assistant Commissioner of GST & Central Excise, Rourkela-I Division, Odisha, waiving off interest and penalty previously confirmed.
The waiver, received on June 10, 2025, is for an appeal filed under Section 128A of the Central Goods and Services Tax Act, 2017.
The waived amounts include interest of ₹5,60,148 and a penalty of ₹56,015, which were earlier confirmed by an order from the Superintendent, Central GST and Central Excise, Rajgangpur Range, Odisha.
This outcome means there will be no financial impact on DCBL.