Alkem Laboratories has received an order related to Goods and Services Tax (GST) for the financial year 2021-2022. The order demands GST of ₹5,20,601, along with interest of ₹3,89,167, and a penalty of ₹62,098. The company intends to contest the order.
GST Order Details
Alkem Laboratories has received a GST order for the financial year 2021-2022. The order, received on December 29, 2025, was issued by the Deputy Commissioner, Large Taxpayer Unit, Corporate Division, West Bengal.
Financial Implications
The order demands GST of ₹5,20,601, along with interest amounting to ₹3,89,167, and a penalty of ₹62,098. These amounts are applicable under the IGST Act, 2017, CGST Act, 2017, and SGST Act, 2017.
Grounds for the Order
The demand order primarily relates to the levy of GST under the Reverse Charge Mechanism and alleged excess availment of Input Tax Credit.
Company Response
Alkem Laboratories does not agree with the demand order and intends to contest it. The company stated that the order is not expected to have a material impact on its financial or operational activities.
Source: BSE
