Alivus Life Sciences received a partial relief on its tax appeal. The Joint Commissioner of State Tax (Appeals) has revised the original demand of ₹5,21,51,441 plus penalty. The new demand stands at ₹83,38,062 plus a penalty of ₹8,33,806, along with applicable interest. The company is evaluating whether to appeal this order before the tribunal.
Tax Appeal Update
Alivus Life Sciences has received an order related to its appeal with the Joint Commissioner of State Tax (Appeals) on January 29, 2026. The appeal relates to an order issued by the State Goods and Service Tax department for FY 2019-20.
Revised Demand
The original order demanded ₹5,21,51,441 along with a penalty of ₹52,15,155 and applicable interest. Following the appeal, the authorities granted partial relief, reducing the demand to ₹83,38,062 along with a penalty of ₹8,33,806 and applicable interest.
Next Steps
The company is assessing its options, including the possibility of further appeal to the tribunal. The company will evaluate the revised demand and decide whether to exercise the right to appeal. This announcement was made on January 30, 2026.
Source: BSE
