Pfizer Limited Receives GST Order for ₹8.79 Crore Demand and Penalty
Pfizer Limited has received an order dated December 27, 2025, from the Office of the Additional Commissioner of GST & CX, Kolkata, concerning a GST audit for the state of West Bengal covering FY 2018-...
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Why is Pfizer Limited in the news today?
Pfizer Limited (PFIZER) is in the news due to the company disputes the demand and believes it is not maintainable, indicating a neutral stance as they are appealing the order. while a demand has been issued, the company's assessment suggests no material impact.
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Pfizer Limited Receives GST Order for ₹8.79 Crore Demand and Penalty
December 28, 2025, 07:12 AM
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Pfizer Limited has received an order dated December 27, 2025, from the Office of the Additional Commissioner of GST & CX, Kolkata, concerning a GST audit for the state of West Bengal covering FY 2018-19 to FY 2022-23.
The order includes a tax demand of ₹4,39,55,698 and a penalty of ₹4,39,55,698, aggregating to a total demand of ₹8,79,11,396, plus applicable interest.
The company believes the demand is not maintainable and is in the process of filing an appeal against the order. Pfizer Limited has stated that this order will have no material impact on its financials, operations, or other activities. The alleged violation pertains to the incorrect availment of Input Tax Credit by the company.
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