Zydus Lifesciences receives GST demand order of ₹2.8 crore
Zydus Lifesciences Limited has received a demand order from the Assistant Commissioner of State Tax, Gujarat, concerning the financial year 2018-19. The order pertains to the alleged inadmissible ava...
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Why is Zydus Lifesciences Limited in the news today?
Zydus Lifesciences Limited (ZYDUSLIFE) is in the news due to the company received a demand order, which is negative. however, they plan to appeal and expect no material financial impact, balancing the sentiment.
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Zydus Lifesciences receives GST demand order of ₹2.8 crore
December 30, 2025, 12:55 PM
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More Details on This News
Zydus Lifesciences Limited has received a demand order from the Assistant Commissioner of State Tax, Gujarat, concerning the financial year 2018-19.
The order pertains to the alleged inadmissible availment of Input Tax Credit as per the CGST Act, 2017. The demand includes interest and penalty amounting to ₹2.8 crore.
The company received this order on December 29, 2025, at 19:28 p.m. Zydus Lifesciences Limited intends to appeal against this order, expressing optimism for a favorable outcome based on past judicial precedents. The company has stated that there is no material financial impact on its operations.
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