Wockhardt Limited Receives ₹90.23 Lakh Tax Demand Order for FY19-20
Wockhardt Limited has received a Tax Demand Order dated 26th December, 2025, from the Superintendent, Central GST Range-11, Division-III, Ghaziabad. The order pertains to the financial year 2019-20 an...
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Why is Wockhardt Limited in the news today?
Wockhardt Limited (WOCKPHARMA) is in the news due to the company received a tax demand order, which is a negative development. however, the company is appealing the order and has stated that it has no material impact on its financials, operations, or other activities. therefore, the sentiment is neutral.
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Wockhardt Limited Receives ₹90.23 Lakh Tax Demand Order for FY19-20
December 31, 2025, 10:55 AM
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More Details on This News
Wockhardt Limited has received a Tax Demand Order dated 26th December, 2025, from the Superintendent, Central GST Range-11, Division-III, Ghaziabad. The order pertains to the financial year 2019-20 and amounts to ₹90,23,518, which includes a penalty of ₹28,07,984.
The demand has been raised due to adjustments in GST returns filed for FY 2019-20, stemming from excess GST paid in earlier years.
The company is aggrieved by this order and is taking steps to file an appropriate appeal. Wockhardt Limited has stated that this order has no material impact on its financials, operations, or other activities. The company also noted that the delay in disclosure was due to an inadvertent administrative oversight.
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