GlaxoSmithKline Pharmaceuticals Limited has received an order from Karnataka State GST authorities. The order, dated December 30, 2025, pertains to FY 2021-22. The total demand is ₹8,56,90,938, including tax, interest, and penalty. The Company is evaluating the demand order and will take appropriate actions.
GST Order Details
GlaxoSmithKline Pharmaceuticals Limited has received an order from the Karnataka State GST authorities relating to FY 2021-22. The order was issued by the Deputy Commissioner of Commercial Taxes, (Audit)-2.1, DGSTO-2, Bangalore, with an order date of December 30, 2025.
Financial Impact
The total demand amounts to ₹8,56,90,938, broken down as follows:
- Tax: ₹4,85,42,948
- Interest: ₹3,22,93,695
- Penalty: ₹48,54,295
Company Response
The officer has raised the demand in relation to the GST rate applied for certain products. The Company has stated that there will be no impact on financial operations. Currently, the Company is evaluating the demand order and will take appropriate actions.
Source: BSE
