Sanofi India faces tax demand over input tax credit mismatch

Sanofi India Limited announced on December 20, 2025, that it has received an order from the assistant commissioner, Ahmedabad, Gujarat, dated December 17, 2025. The order pertains to the financial year 2018-19 and determines a total demand of INR 35,62,876. This amount comprises INR 10,80,000 in tax, INR 14,02,876 in interest, and a penalty of INR 10,80,000.

The demand stems from alleged non-submission of vendor confirmation of tax paid by a vendor whose GST registration was cancelled. This issue relates to input tax credit (ITC) availed by Sanofi India Limited and a mismatch in the ITC claim as appearing in GSTR-2A.

Sanofi India Limited stated that it plans to appeal the order before the higher tax authorities. The company expects the order to impact its financial activities due to the ITC claim and the mismatch in GSTR-2A. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.