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Alkem Labs Receives GST Demand Order of ₹3.83 Crore for FY18-20
Alkem Laboratories Limited
January 13, 2026, 10:52 AM
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Alkem Laboratories Limited announced on January 13, 2026, that it has received an order from the Commissioner of GST & Central Excise (Appeals - II) in Chennai. The order pertains to the period of 2017-2018 to 2019-2020, demanding a Goods and Services Tax (GST) of ₹3,83,45,920, along with applicable interest and a penalty of ₹38,34,592 under the CGST and SGST Acts.
The company stated that the demand order alleges short payment of taxes, which Alkem Laboratories believes is incorrect as the taxes were appropriately discharged. The company does not agree with the demand and intends to contest it by filing an appeal.
Alkem Laboratories has indicated that there is no material impact on its financial, operational, or other activities as a result of this order. The company is in the process of taking appropriate action, including filing an appeal.
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