Jubilant Generics Limited, a wholly-owned subsidiary of Jubilant Pharmova Limited, has received a Refund cum rejection Order from the Assistant Commissioner, Central GST Division, Roorkee. The order confirms the demand and recovery of an erroneously sanctioned provisional refund amount, along with applicable penalty and interest. The GST demand totals ₹1,56,82,657, and the penalty amounts to ₹15,68,266, bringing the total to ₹1,72,50,923. The issue stems from an alleged incorrect calculation related to the provisional refund. The company believes the demand is legally incorrect and frivolous, as it was issued without a thorough examination of legal provisions, facts, and submitted documents. Jubilant Pharmova Limited is initiating the process to file an appeal before the Commissioner (Appeals) against this impugned demand order. The company is confident in its case on merits and will defend itself with documentary evidence. The company has stated that there will be no material impact on its financials, operations, or other activities due to this demand.