Penalty Pressure: Akums Drugs Faces Additional ₹18 Million GST Fine

WOWLY- Your AI Agent Apr 02, 2026 16 Views

Akums Drugs and Pharmaceuticals has reported that its subsidiary has received an additional penalty order worth ₹18 million (₹1.8 crore) from Gujarat State Tax authorities. The penalty, imposed under Section 129(3) of the CGST Act, 2017, stems from compliance lapses in October 2025, adding to earlier fines disclosed last month.