Alkem Laboratories Limited — Others, 01-03-2025: Action(s) initiated or orders passed
01-03-2025 | 09:14 am
01-03-2025 | 09:14 am
Alkem Laboratories has received a GST demand order from the Superintendent in Jaipur, totaling ₹18.44 lakh, plus interest and penalties amounting to ₹1.84 lakh, related to the financial year 2020-2021. The company disputes the allegations of excess availment of input tax credit and intends to appeal the order. While the company is taking action to contest this, it stated that this situation does not materially impact its financial or operational activities. Investors may consider a neutral impact from this development, given the absence of significant financial repercussions.
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