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News Ambuja Cement and JP Cement accused of tax avoidance in Himachal Pradesh

Ambuja Cement and JP Cement accused of tax avoidance in Himachal Pradesh

Written by Global Cement staff 12 April 2016
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India: Two cement plants in Himachal Pradesh have been accused of evading goods tax worth US$9m, the Comptroller and Auditor General of India (CAG) has said. The Ambuja integrated cement plant at Darlaghat and the JP Cement Himachal grinding plant at Bagha allegedly avoided the tax.

The companies transported 1.7Mt of limestone and 0.21Mt of shale from their quarries between April 2012 and March 2014. Ambuja Cement and JP Cement were liable to pay US$5.1m and US$3.9m respectively. The CAG only became aware of the shortfall in December 2015.

Last modified on 13 April 2016
Published in Global Cement News
Tagged under
  • India
  • Ambuja
  • Jaypee Group
  • Jaiprakash Associates
  • Tax
  • Himachal Pradesh
  • Comptroller and Auditor General of India
  • GCW246

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