Senores Pharma Receives GST Demand Order of ₹49.68 Lakhs

Senores Pharmaceuticals Limited has provided a revised intimation regarding a demand order received from the Office of the Deputy/Assistant Commissioner of Central Goods & Service Tax & Central Excise...

Senores Pharmaceuticals Limited has provided a revised intimation regarding a demand order received from the Office of the Deputy/Assistant Commissioner of Central Goods & Service Tax & Central Excise, Ahmedabad North. The order, dated December 26, 2025, confirms a tax demand of ₹24,84,429.00 and a penalty of ₹24,84,429.00, totaling ₹49,68,858.00. The company received this order on December 26, 2025. The alleged contraventions include non-reversal of excess Input Tax Credit and non-payment of IGST. The company, however, believes there will be no material impact on its financials, operations, or other activities. It is in the process of filing an appeal before the GST Commissioner (Appeals). This disclosure was initially intended to be submitted on December 29, 2025. The company explained that the delay in submission was due to December 27 and 28, 2025, being non-working days. The order was reviewed, and its impact was ascertained with professional advice before the disclosure was made.

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Why is Senores Pharmaceuticals Limited in the news today?

Senores Pharmaceuticals Limited (SENORES) is in the news due to the company has received a demand order and penalty from gst authorities. while the company believes there will be no material impact and is filing an appeal, the order itself represents a potential financial liability.

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Senores Pharma Receives GST Demand Order of ₹49.68 Lakhs

December 30, 2025, 12:57 PM

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Senores Pharmaceuticals Limited has provided a revised intimation regarding a demand order received from the Office of the Deputy/Assistant Commissioner of Central Goods & Service Tax & Central Excise, Ahmedabad North. The order, dated December 26, 2025, confirms a tax demand of ₹24,84,429.00 and a penalty of ₹24,84,429.00, totaling ₹49,68,858.00.

The company received this order on December 26, 2025. The alleged contraventions include non-reversal of excess Input Tax Credit and non-payment of IGST. The company, however, believes there will be no material impact on its financials, operations, or other activities. It is in the process of filing an appeal before the GST Commissioner (Appeals).

This disclosure was initially intended to be submitted on December 29, 2025. The company explained that the delay in submission was due to December 27 and 28, 2025, being non-working days. The order was reviewed, and its impact was ascertained with professional advice before the disclosure was made.

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