Unichem Laboratories Receives CGST Order-In-Appeal with Rs 87.07 Crore Penalty
Unichem Laboratories Regulatory Order Details
The Order-In-Appeal was issued by the Commissioner (Appeals), Thane and relates to proceedings concerning the cross-charge of common services.
The matter involves tax, interest and penalty proceedings under the Central Goods and Services Tax (CGST) Act, 2017 and related rules.
According to the disclosure, the matter involves delayed payment of tax liability and alleged contravention of Section 13 of the CGST Act, 2017 and Rule 47 of the CGST Rules, 2017.
Unichem Laboratories CGST Penalty and Interest
The Order-In-Appeal includes a penalty of Rs 87,07,09,556, or approximately Rs 87.07 crore, under Sections 74(1) and 122(2)(b) of the CGST Act, 2017.
The order also includes an interest liability of Rs 6,58,590, equivalent to approximately Rs 6.58 lakh, in connection with the delayed payment of tax liability.
Unichem Laboratories Response to CGST Order
Unichem Laboratories stated that there would be no material impact on the financial, operational or other activities of the company from the order.
The company also stated that it will take appropriate remedial steps, including filing a further appeal within the prescribed timelines, based on legal advice.
Unichem Laboratories CGST Order Highlights
| Company | Unichem Laboratories Limited |
| Authority | Commissioner (Appeals), Thane |
| Order | Order-In-Appeal |
| Date of Receipt | September 18, 2026, after 2:00 p.m. |
| Matter | Cross-charge of common services |
| Penalty | Rs 87,07,09,556 (approximately Rs 87.07 crore) |
| Interest Liability | Rs 6,58,590 (approximately Rs 6.58 lakh) |
| Relevant Provisions | Sections 74(1) and 122(2)(b) of the CGST Act, 2017 |
| Other Provisions Cited | Section 13 of the CGST Act, 2017 and Rule 47 of the CGST Rules, 2017 |
| Company's Position | No material impact on financial, operational or other activities |
| Next Step | Further appeal within the prescribed timelines, based on legal advice |
What to Watch Next
- Investors may track Unichem Laboratories' further disclosures regarding the proposed appeal.
- The outcome of any further appellate proceedings may provide additional clarity on the tax, penalty and interest liabilities.
- Investors can also monitor subsequent regulatory filings for updates on the matter.
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