Delhi High Court Admits Novartis India's Petition Against DVAT Assessment for AY 2013-14

Novartis India Limited has received an Order dated March 27, 2026, from the Hon'ble Delhi High Court admitting the Company's petition in the matter of Novartis India Limited vs. Commissioner of Trade and Taxes (W.P.(C) 3892/2026). The Court has admitted the writ petition challenging the DVAT assessment for AY 2013-14, which had raised a demand of approximately INR 10.89 crore towards tax and interest, along with a penalty of INR 6.85 crore. The order is procedural in nature and does not constitute a final order in the matter. The impact on financial activities could result in a refund of INR 54.45 Lacs in case of a favorable order.