Akums Drugs and Pharmaceuticals Limited announced that its wholly-owned subsidiary, Maxcure Nutravedics Limited, has received an order from the Office of the Deputy Commissioner, Haridwar, Uttarakhand. The order pertains to a total demand of ₹53,53,541, comprising ₹28,92,136 in tax, ₹21,72,192 in interest, and ₹2,89,213 in penalty. This demand has been raised under Section 73(9) of the Goods and Services Tax Act, 2017, due to an incorrect place of supply mentioned by a vendor while filing GST returns. The subsidiary's input tax credit (ITC) was disallowed as a result. The company stated that it does not foresee any impact on its financials, operations, or other activities. Akums Drugs and Pharmaceuticals Limited is currently evaluating the matter and plans to file an appeal against the demand notice within the prescribed time, as they believe the demand is not maintainable.