Link Pharma Chem524748Tax or GST

GST appellate order: final demand cut to Rs. 16,29,852 from Rs. 1.33 crore

GST Appellate Authority, Tribunal Vadodara passed an order for FY 2021-22.

By ScoutQuest · Tue 13 Oct 2026, 5:41 PM IST · 1 min read

GST demand revised: cut to Rs. 16,29,852 from Rs. 1.33 crore
Penalty revised: cut to Rs. 2,05,605 from Rs. 13,29,433
Order period and authority: GST Appellate Authority, Tribunal Vadodara passed an order for FY 2021-22

What was disclosed

Link Pharma Chem Ltd has informed the exchanges that the Company has received an order from the GST Appellate Authority, Tribunal Vadodara, for the period 2021-2022.

The order in numbers

Final demand of GST reduced from Rs. 1.33 crore to Rs. 16,29,852/-
Penalty also reduced from Rs. 13,29,433/- to Rs. 2,05,605/-
The order was received on 12.10.2026

What the authority flagged

Mismatch between tax liability declared in GSTR1 and tax paid through GSTR3B
Excess ITC availed on import of goods not reflected in GSTR-2A

What the company says

The financial impact of the order is to the extent of the demand, penalty and interest imposed, but there is no material impact on the company. The company intends to make an appeal with the appropriate authority.

How a retail investor can read this

This is a disclosure about an order received from a tax appellate authority, not about the company's business operations.
Both the demand and the penalty figures stated in the order are lower than the amounts from which they were reduced.
The company has itself stated that the impact is limited to the demand, penalty and interest, and that there is no material impact on it.
It has also said it will appeal further with the appropriate authority.