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.
Alkem Laboratories Limited has recently been served with a GST order from the Assistant Commissioner, Division-VIII, Ankleshwar under the Central GST and Central Excise Commissionerate in Vadodara-II. The order pertains to the Gujarat GSTIN and covers the financial years from 2018-2019 through 2024-2025.
The statutory order demands GST dues amounting to Rs 1,80,87,074 alongside an equal penalty, citing alleged excess availment and utilization of ineligible Input Tax Credit (ITC) under the Goods and Services Tax Act, 2017. This notice was officially received by the company on November 17, 2025.
Alkem Laboratories has expressed disagreement with the demand and has declared its intention to contest the order by filing an appeal with the relevant authorities. The Company emphasises that this matter will not materially affect its financial position, operations, or other business activities.
Important points from the announcement include:
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Order issued by Assistant Commissioner, Ankleshwar, Gujarat for GST dues and penalty.
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Allegation centers around excess and ineligible Input Tax Credit claims.
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Company received the order on November 17, 2025.
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Alkem Laboratories proactively planning to appeal the decision.
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No significant financial or operational impact anticipated from this order.
This development has been communicated as per regulatory requirements under Clause 20 of Para A of Part A of Schedule III of SEBI LODR Regulations. Alkem Laboratories continues to maintain compliance and transparency with stock exchange disclosures.
Sources: NSE Disclosure, Alkem Laboratories disclosure to stock exchanges.