Sai Life Sciences has received an order from the Additional Commissioner, Ranga Reddy GST Commissionerate, Hyderabad, demanding a penalty of ₹4.93 crore. The order, dated December 30, 2025, pertains to alleged excess availment of ITC and discrepancies in B2B supply records from FY2018-19 to FY2021-22. The company intends to file an appeal and anticipates a favorable outcome, expecting no significant financial impact.
GST Order Details
Sai Life Sciences has been issued an order by the Additional Commissioner, Ranga Reddy GST Commissionerate, Hyderabad, on December 30, 2025. The order demands a penalty of ₹4,93,36,015.
Reason for the Order
The GST order relates to alleged excess availment of Input Tax Credit (ITC) and a claimed difference between B2B supply data and the Sale/Purchase register updated on the government portal. The period under scrutiny is from the financial years 2018-19 to 2021-22.
Company Response
Sai Life Sciences plans to appeal the order. Based on their assessment, the company expects a favorable outcome at the appellate level. They currently anticipate that this order will not have any material adverse financial impact on the company.
Source: BSE
