Alkem Laboratories Limited has announced that it has received an order from the Additional Commissioner, Central Goods & Services Tax, Goa, concerning the period from 2019-2020 to 2022-2023. The order demands Goods and Services Tax (GST) amounting to ₹2,34,61,952, along with an equal amount of ₹2,34,61,952 as applicable interest and penalty under the IGST Act, 2017, CGST Act, 2017, and SGST Act, 2017. The demand order primarily alleges excess availment of Input Tax Credit. The company stated that it does not agree with the demand order and intends to contest it. Alkem Laboratories is in the process of taking appropriate actions, including filing an appeal against the order. The company believes there is no material impact on its financial, operational, or other activities, quantifiable in monetary terms. The order was received by the company on January 21st, 2026.
