Alkem Laboratories to contest significant GST tax demand
Alkem Laboratories Limited has received an appeal order from the Commissioner of Customs & Central Tax Appeals-II, Hyderabad, regarding a Goods and Services Tax (GST) demand. The order, received on September 30, 2025, pertains to the financial periods 2020-2021 and 2021-2022.
The statutory authority is demanding INR 3,37,28,343 in GST, along with applicable interest and a penalty of INR 33,92,834. The primary allegation is the excess availment of Input Tax Credit. Alkem Laboratories explicitly states that it does not agree with the demand order and plans to contest it.
The company believes the dispute is not tenable and that it possesses adequate factual and legal grounds to substantiate its position. Alkem Laboratories asserts that there will be no material impact on its financial, operational, or other activities due to this appeal order.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Alkem Laboratories publishes news
Free account required • Unsubscribe anytime