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Sandu Pharmaceuticals has resolved a GST matter concerning an input tax credit claim initially amounting to Rs. 52.14 Lakh.

Sandu Pharmaceuticals Ltd524703 · Filed with the exchange

Following the company's detailed reconciliation, the Maharashtra GST Department largely accepted their claim.

The company paid a minor sum of Rs. 2.22 Lakh for the disallowed portion and an additional Rs. 34,606 for other minor liabilities.

The proceedings are now concluded, indicating minimal financial impact and clearing a potential overhang for shareholders.

Read the original filing(PDF)

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