Zydus Wellness faces ₹56.33 cr GST demand

Zydus Wellness Products Limited received a Show Cause Notice from the Directorate General of GST Intelligence alleging a GST demand of ₹56.33 crores. They plan to challenge the notice, believing they have a strong case. The issue pertains to a period before their acquisition of Zydus, fully indemnified by Heinz Italia S.P.A.

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