Sanofi India Legal & Regulatory
Sanofi India received a GST show cause notice from Ahmedabad authorities for FY 2022-23. The notice proposes a tax, interest, and penalty demand totaling Rs.16.40 Crore.
- Value
- ₹16.40 Cr
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Sanofi India received a GST show cause notice from Ahmedabad authorities for FY 2022-23. The notice proposes a tax, interest, and penalty demand totaling Rs.16.40 Crore.
Sanofi India received a GST show cause notice alleging excess input tax credit claims. The total demand, including interest, is Rs. 23.74 Crore.
Sanofi India disclosed that the State Tax Officer, Tiruvallur dropped a ₹1.07 Crore GST demand for FY 2022-23. The company confirmed no material financial or operational impact.
The Supreme Court dismissed Sanofi India's petition to quash criminal proceedings. No penalty or operational restriction is imposed on the company at this stage.
Sanofi India Limited received a GST show cause notice regarding product classification for FY 2020-21. The total disputed demand, including tax and penalty, is ₹72.77 Crore.