GlaxoSmithKline Pharmaceuticals has received a GST demand order from Bihar Central GST authorities for fiscal year 2021-22. The total demand is Rs. 52,52,988, including tax of Rs. 47,75,444 and a penalty of Rs. 4,77,544. The company is evaluating the order and will take appropriate action.
GST Demand Details
GlaxoSmithKline Pharmaceuticals Limited has received a demand order from the Assistant Commissioner, CGST & CX, Patna Central Division, Patna. The order, dated November 11, 2025, pertains to GST for the fiscal year 2021-22.
Financial Impact
The total demand amounts to Rs. 52,52,988, which comprises:
- Tax: Rs. 47,75,444
- Interest: NQ
- Penalty: Rs. 4,77,544
Issue and Response
The demand relates to a GST credit issue, specifically a mismatch between the company’s GST returns and details reported by suppliers. The company is currently evaluating the demand order and will take appropriate actions.
Source: BSE