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02/05/2024 12:07

Aurobindo Pharma - Updates

Aurobindo Pharma Limited has informed the Exchange regarding 'The Company has received an order from the Deputy Commissioner, Punjagutta (ST) STU-1 of GST, Punjagutta Division, Hyderabad passed under relevant provisions of the Central Goods and Services Tax Act, 2017 and TGST Act 2017 for the FY 2018-19 demanding reversal of ITC and payment of GST amounting to Rs. 6,54,50,645 along with interest of Rs.5,92,20,900. A penalty of Rs. 65,51,354/- has also been imposed.'.