Alkem Laboratories has received a GST order confirming a demand of ₹23.39 lakh along with applicable interest and penalty for the period July 2017-2018 to 2020-2021. The order alleges non-reversal of common input tax credit attributable to exempt supplies. Alkem plans to appeal the order, believing it has adequate grounds to contest the demand.
GST Demand Confirmation
Alkem Laboratories has received an order related to its Haryana GSTIN for the period from July 2017 to March 2021 (financial years 2017-2018, 2018-2019, 2019-2020, 2020-2021). This order confirms a GST demand of ₹23,39,799, in addition to applicable interest and a penalty of ₹23,39,799.
Reason for the Order
The primary allegation in the order pertains to the non-reversal of common Input Tax Credit (ITC) attributed to exempt supplies. The company received the order on September 23rd, 2025.
Company Response
Alkem Laboratories does not agree with the demand outlined in the order and intends to contest it. The company is currently taking appropriate actions, which include filing an appeal against the order. Alkem believes it possesses sufficient factual and legal grounds to support its position and considers the dispute to be unsustainable. There is no expected material impact on the company’s finances, operations, or other activities because of the order.
Source: BSE
