ScoutQuest25 Sep 2026
Sanofi India500674Show cause notice

GST Show Cause Notice of Rs. 23,73,76,507 Received Over Alleged Excess Input Tax Credit for FY 2022-23

Sanofi India has received a Show Cause Notice from Karnataka GST authorities alleging excess Input Tax Credit claimed for April 2022 to March 2023.

By ScoutQuest · · 1 min read

Tax Demand
Rs.14,43,01,828
Interest
Rs.9,30,74,679
Total Liability
Rs. 23,73,76,507
Period
April 2022 to March 2023
Allegation
Excess Input Tax Credit claimed

What was shared

Sanofi India informed the exchanges that it has received a Show Cause Notice under Section 73 of the Karnataka Goods and Services Tax Act, 2017.

The allegation

Amounts involved

What Input Tax Credit means

Input Tax Credit lets a business offset GST it paid on purchases against GST it collects on sales. Authorities are alleging more credit was claimed than permitted for that year.

Company's position

How to read this

A Show Cause Notice is a preliminary step, not a final order. The company gets an opportunity to reply before any demand is confirmed, and such matters can move to appellate forums. The disclosed aggregate of Rs. 23,73,76,507 is the amount at stake as proposed today.

More numbers
  • Proposed tax liabilityRs.14,43,01,828
  • Interest proposedRs.9,30,74,679
  • Aggregate demandRs. 23,73,76,507
Source: BSE · 25 Sep 2026

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