Sanofi India Receives ₹16.4 Cr GST Show Cause Notice

Sanofi India Ltd has received a Show Cause Notice from the State Tax Officer, Gujarat, concerning GST matters for FY 2022-23. The notice alleges discrepancies in E-Way Bills versus GSTR-1 filings, reconciliation issues, and ineligible input tax credits. It proposes a demand of ₹16,40,07,641 towards tax, interest, and penalty. The company is reviewing the notice and preparing a response, stating it does not anticipate any adverse financial or operational impact.