Mankind Pharma Receives Order from CGST Gurugram, Haryana

Mankind Pharma has received an order dated November 14, 2025, from the Commissioner Goods and Service Tax, Haryana regarding an issue under Section 73 of the Central Goods and Services Tax Act, 2017. The company views the order as arbitrary and will file an appeal. The order pertains to alleged disallowance of ITC and carries a penalty of INR 83,00,790.

Order Details and Company Response

Mankind Pharma has been notified of an order from the Commissioner Goods and Service Tax, Haryana on November 14, 2025. The order, issued by the Additional Commissioner, CGST, Gurugram, relates to Section 73 of the Central Goods and Services Tax Act, 2017.

Financial Impact and Appeal

The company disputes the order. Mankind Pharma views the order as arbitrary and unjustified. The company intends to file an appeal against this order. The order includes a penalty of INR 83,00,790. However, the company believes there is no material impact on the company’s financials or operations. The order pertains to the financial year 2021-22 and concerns the alleged disallowance of ITC.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!