Sai Life Sciences receives GST order with ₹4.93 Crore penalty
Sai Life Sciences Limited has disclosed an Order passed by the Additional Commissioner, Ranga Reddy GST Commissionerate, Hyderabad, under Section 74 of the Central Goods and Services Tax Act, 2017 and...
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Why is Sai Life Sciences Limited in the news today?
Sai Life Sciences Limited (SAILIFE) is in the news due to the company received a penalty order, which is negative. however, they plan to appeal and do not expect a material financial impact, which mitigates the negativity.
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Sai Life Sciences receives GST order with ₹4.93 Crore penalty
December 31, 2025, 06:38 AM
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More Details on This News
Sai Life Sciences Limited has disclosed an Order passed by the Additional Commissioner, Ranga Reddy GST Commissionerate, Hyderabad, under Section 74 of the Central Goods and Services Tax Act, 2017 and Telangana Goods and Services Tax Act, 2017, read with section 20 of the Integrated Goods and Services Tax Act, 2017.
The order, dated 30th December 2025, imposes a penalty amounting to ₹4,93,36,015 (INR 4.93 Crore). The demand is raised in respect of alleged excess availment of Input Tax Credit (ITC) and alleged difference between B2B supply with Sale/Purchase register updated on the Government Portal for the financial years 2018-19 to 2021-22.
The company stated that it plans to file an appeal against this order. Based on their assessment, Sai Life Sciences is hopeful of a favourable outcome at the appellate level and does not reasonably expect the order to have any material financial impact on the company.
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