Zydus Lifesciences gets Rs 1.61 crore GST demand for FY 2017-18
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Ahmedabad: Zydus Lifesciences Limited has received a Demand Order-In-Original ("O-I-O") of Rs 1.61 crore from the Assistant Commissioner, Division Dehradun, Sector-7, Uttarakhand for the financial year 2017-18 on the issue pertaining to ITC carried forward through TRAN-1.
The demand is raised against alleged ITC carried forward through TRAN-1 during the financial year 2017-18. The Company has not received any notice or show cause notice on which demand has been issued.
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