StockWatch
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Hospital
Tax & Penalty20 May 2026, 08:21 pm

Dr. Agarwals Faces ₹20.5 Cr GST Show Cause Notice

AI Summary

Dr. Agarwals Health Care Ltd has received a Show Cause Notice (SCN) from GST authorities for alleged discrepancies in FY2023-24 returns, potentially involving ₹20.5 Crores in GST, interest, and penalties. The company is examining the SCN and will respond within the stipulated time, but does not anticipate a significant impact on its financials or operations.

Key Highlights

  • Dr. Agarwals received a GST SCN for discrepancies in FY24 returns.
  • The SCN alleges ₹20.5 Cr in potential GST, interest, and penalties.
  • The company is reviewing the SCN and will submit a response.
  • Dr. Agarwals does not expect a material financial impact.