Tax & Penalty7 May 2026, 04:07 pm
Sandu Pharma faces demand order; Pays ₹31,699 penalty
AI Summary
Sandu Pharmaceuticals Ltd received a demand order from the Assistant Commissioner due to discrepancies between invoice quantity and physical verification of goods in Uttar Pradesh. The company accepted the liability and paid a penalty of ₹31,699 on May 6, 2026. Consequently, the GST authority dropped the proceedings, and the company anticipates no major impact.
Key Highlights
- Sandu Pharma received a demand order due to quantity discrepancies.
- The company paid a penalty of ₹31,699 to resolve the issue.
- GST authority dropped proceedings after penalty payment.
- Sandu Pharma anticipates no major impact from this event.
Price Impact
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