J.B. Chemicals to appeal tax disallowance order

J.B. Chemicals & Pharmaceuticals Limited announced on December 16, 2025, it received an order from the Joint Commissioner of State Tax, Uttar Pradesh. The order, dated December 15, 2025, demands INR 4.01 crores due to the disallowance of Input Tax Credit (ITC) for the financial year 2021-22.

The alleged violation concerns the disallowance of input tax credit availed. J.B. Chemicals & Pharmaceuticals maintains a strong case and intends to appeal the order.

The company further clarified that this order is not expected to have a material impact on its financial position, operations, or other activities.