Sanofi India receives order for ₹2.86 Crore tax demand and penalty
Sanofi India Limited has received an order from the Principal/Joint Commissioner of CGST & Central Excise, Mumbai. The order pertains to the period FY 2018-19 till FY 2022-23 and determines a tax dema...
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Why is Sanofi India Limited in the news today?
Sanofi India Limited (SANOFI) is in the news due to the company has received an order for a significant tax demand and penalty, which is a negative development.
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Sanofi India receives order for ₹2.86 Crore tax demand and penalty
December 30, 2025, 10:47 AM
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Sanofi India Limited has received an order from the Principal/Joint Commissioner of CGST & Central Excise, Mumbai. The order pertains to the period FY 2018-19 till FY 2022-23 and determines a tax demand of ₹1,43,49,690, a penalty of ₹1,43,49,690, and applicable interest under the CGST and IGST Act, 2017.
The alleged contravention relates to the wrong availment and utilization of Input Tax Credit (ITC). The order was dated 29th December 2025 and received by the company on the same date.
The company plans to appeal this order before the Higher Tax Authorities. The total quantifiable impact in monetary terms amounts to ₹2,86,99,380 (tax demand and penalty combined), excluding applicable interest.
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