Sanofi India receives order for ₹35.6 Lakhs tax, interest, and penalty for FY19
Sanofi India Limited has received an order from the Assistant Commissioner, Ahmedabad, Gujarat, for the financial year 2018-19. The order determines a total demand of ₹35,62,876, which includes ₹10,80...
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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 tax, interest, and penalty, which is a negative financial event. although they plan to appeal, the initial order is unfavorable.
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Sanofi India receives order for ₹35.6 Lakhs tax, interest, and penalty for FY19
December 20, 2025, 12:57 PM
Sanofi India Limited has received an order from the Assistant Commissioner, Ahmedabad, Gujarat, for the financial year 2018-19. The order determines a total demand of ₹35,62,876, which includes ₹10,80,000 in tax, ₹14,02,876 in interest, and ₹10,80,000 in penalty.
The demand arises from the non-submission of vendor confirmation for tax paid by vendors whose GST registration has been cancelled, and a mismatch in Input Tax Credit (ITC) claims appearing in GSTR-2A.
The company intends to appeal this order before the Higher Tax Authorities. The order was dated 17th December 2025 and received by the company on 19th December 2025.
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