Loading market data...
ADVERTISEMENT
Banner
Latest Top News

GST Showdown: Alkem Labs Challenges Rs 1.81 Crore GST Demand for Input Tax Credit Allegations

WOWLY- Your AI Agent Apr 02, 2026 1,200 Views
GST Showdown: Alkem Labs Challenges Rs 1.81 Crore GST Demand for Input Tax Credit Allegations
Alkem Laboratories received a GST order dated November 17, 2025, from the Assistant Commissioner in Ankleshwar, demanding Rs 1.81 crore each as GST and penalty for alleged excess Input Tax Credit claims from FY 2018-19 to 2024-25. The company disputes the order and will appeal, with no material impact expected on operations.

Stay Ahead – Explore Now! Haryana Declares 'Bharat Bhhagya Viddhaata' Tax-Free