StockWatch
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Hospital
Tax & Penalty21 May 2026, 09:11 pm

Dr. Agarwals Faces ₹20.5 Cr GST Show Cause Notice

AI Summary

Dr. Agarwals Health Care Ltd received a Show Cause Notice (SCN) from GST authorities alleging discrepancies in FY24 returns. The SCN demands a response within 30 days regarding GST, interest, and penalties amounting to ₹20.5 Crores. The company is evaluating the SCN and plans to respond appropriately, but does not anticipate a significant impact on its financials or operations.

Key Highlights

  • Dr. Agarwals received a GST Show Cause Notice for FY24 discrepancies.
  • The SCN alleges discrepancies leading to a potential ₹20.5 Cr demand.
  • The company is evaluating the SCN and will submit a response.
  • Dr. Agarwals does not expect a significant financial impact.