Pfizer has received a GST demand order totaling ₹1.27 crore, including penalties, following a GST audit for the financial year 2021-22 in Uttar Pradesh. The company contests the demand and is preparing an appeal. Pfizer believes the order will not materially impact its financials or operations.
GST Audit Result
Pfizer has received an order dated December 23, 2025, following a Goods and Services Tax (GST) audit conducted for Uttar Pradesh for the financial year 2021-22.
Demand Details
The order specifies a tax demand of ₹1,15,33,764 and a penalty of ₹11,53,377, bringing the total demand to ₹1,26,87,141, plus applicable interest.
Company Response
Pfizer is disputing the demand and plans to appeal the order, believing it is not maintainable. The company has stated that the order does not have a material impact on its financials or operations.
Basis of Demand
The GST demand arises from a denial of Input Tax Credit claimed by the company during the financial year 2021-22, allegedly due to insufficient details provided.
Source: BSE