Alkem Labs Receives GST Demand Order of ₹2.17 Crore

Alkem Laboratories Limited has received an order from the Deputy Commissioner, CGST & Central Excise Division – I, Lucknow, under the Goods and Services Tax Act, 2017. The order pertains to the period...

Alkem Laboratories Limited has received an order from the Deputy Commissioner, CGST & Central Excise Division – I, Lucknow, under the Goods and Services Tax Act, 2017. The order pertains to the period 2018-2019 to 2020-2021 and demands GST of ₹1,08,81,393 along with an equal amount of interest and penalty, totaling ₹2,17,62,786. The demand order primarily alleges excess availment of Input Tax Credit. The company has stated that it disagrees with the order and intends to contest it by filing an appeal. Alkem Laboratories Limited has indicated that there is no material impact on its financial, operational, or other activities. The order was received by the company on December 31, 2025. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Why is Alkem Laboratories Limited in the news today?

Alkem Laboratories Limited (ALKEM) is in the news due to the company has received a gst demand order, which is a negative event. however, the company believes there is no material impact and plans to contest the order, mitigating the immediate negative sentiment.

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Alkem Labs Receives GST Demand Order of ₹2.17 Crore

January 1, 2026, 06:57 AM

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Alkem Laboratories Limited has received an order from the Deputy Commissioner, CGST & Central Excise Division – I, Lucknow, under the Goods and Services Tax Act, 2017. The order pertains to the period 2018-2019 to 2020-2021 and demands GST of ₹1,08,81,393 along with an equal amount of interest and penalty, totaling ₹2,17,62,786.

The demand order primarily alleges excess availment of Input Tax Credit. The company has stated that it disagrees with the order and intends to contest it by filing an appeal. Alkem Laboratories Limited has indicated that there is no material impact on its financial, operational, or other activities.

The order was received by the company on December 31, 2025. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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