Alkem Laboratories faces ₹10.4 cr GST demand

Alkem Laboratories Ltd received an order from statutory authorities under the GST Act, 2017, demanding ₹5,21,52,038 in taxes, and ₹5,22,02,038 in penalties plus interest, for alleged excess availing of GST Input Tax Credit from 2017 to 2021. Alkem intends to contest the order.

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