Sun Pharma Faces Rs 35.43 Lakh GST Penalty for Unpaid Taxes on Recoveries from July 2017 to March 2020



Quick Summary
Sun Pharmaceutical Industries Limited has been issued a penalty of ₹35,43,766 by the GST authorities in Mohali. This penalty relates to unpaid taxes on specific recoveries made between July 2017 and March 2020. The company is currently reviewing the order to decide on its subsequent actions regarding this financial obligation.

Sun Pharmaceutical Industries Limited has been penalized by the Assistant Commissioner, Goods Service Tax, Division, Mohali-I, Punjab, according to a recent stock exchange filing. The penalty, amounting to ₹35,43,766, was imposed under Section 74 of the GST Act, 2017. The demand was issued in re
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited News Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

Sun Pharma has been penalised ₹35,43,766 for unpaid taxes.

The penalty was imposed by the Assistant Commissioner, Goods & Service Tax, Division, Mohali-I, Punjab.

The penalty relates to unpaid taxes on recoveries made from July 2017 to March 2020.

The penalty was imposed under Section 74 of the GST Act, 2017.

Sun Pharma is expected to review the order and determine its next steps.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :


More »


Popular News





CCI Pro



Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details