GlaxoSmithKline Receives Rs. 3.36 Cr GST Demand Order

GlaxoSmithKline Pharmaceuticals made a disclosure in front of NSE and BSE that it has received an order from the West Bengal GST authorities demanding a penalty from the company.

GlaxoSmithKline Pharmaceuticals Receive GST Order

Shriya Mishra | Jun 27, 2025 |

GlaxoSmithKline Receives Rs. 3.36 Cr GST Demand Order

GlaxoSmithKline Receives Rs. 3.36 Cr GST Demand Order

Mumbai-based pharmaceutical company GlaxoSmithKline received an order on 24th June 2025, from the Commissioner, CGST & CX, Appeals-II, Kolkata, regarding Disallowance of transitional credit (TRAN 1 & TRAN 2 credit) for FY 2017–18.

Also Read
Penalty Imposed on Bharti Airtel Ltd for Violation of Subscriber Verification Norms

The said authority has raised a total demand of Rs. 3,39,09,520 from the company.

The company made disclosure of the matter to the National Stock Exchange of India and BSE in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also stated that there is no impact on the financial operations of the organization, and it is evaluating the order and will take necessary steps regarding the same.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"

Tags: GST, SEBI


Author Bio
Shriya Mishra
Designation: Content Writer
Company: Studycafe
Location: Delhi, India
Total Posts: 56

Shriya writes engaging and easy-to-understand content on budgeting, mutual funds, insurance, income tax, GST, company law and financial planning. Her mission is to guide readers toward smarter money habits and long-term wealth creation. She can be reached at [email protected]

My Recent Articles
Income Tax Dept Breaks Silence: No Mass Scrutiny for Small Taxpayers GST Return Filing to Get Tougher from July 1: Major Changes You Must Know Tax Trouble for Delhivery: Rs. 1.36 Cr Penalty Order from Income Tax Canada to remove Digital Services Tax to Restart Trade Talks with US IEC Update Deadline Ends Today: Don’t Miss Final Date to Avoid PenaltiesView All Posts
studycafe-certification-course-new-400-1.jpg
membership-ad-bullet-1.jpg
Latest Post
Important Income Tax Alert: Major Amendment in Buy-Back TaxationImportant Income Tax Alert: Major Amendment in Buy-Back Taxation
Cash During Demonetization: ITAT Says VAT Accepted Sales Can’t Be Taxed Again u/s 68Cash During Demonetization: ITAT Says VAT Accepted Sales Can’t Be Taxed Again u/s 68
CA Exam May 2025 Result: Know the Pass Percentage and ToppersCA Exam May 2025 Result: Know the Pass Percentage and Toppers
No Proof, No Tax: ITAT Quashes 2.79 Cr Additions Based on AssumptionsNo Proof, No Tax: ITAT Quashes 2.79 Cr Additions Based on Assumptions
Income Tax: HC Quashes Reopening Based on Insight Portal & Form 15CA/15CB DataIncome Tax: HC Quashes Reopening Based on Insight Portal & Form 15CA/15CB Data
Useful Links
Important links
Important links
DOwnload Study Cafe App
Write For Us
Studycafe Articles
Submit your Articles with us by Clicking Submit Article Button
Submit Article

you can also submit your articles by sending mail at [email protected]

OSZAR »