Key Quantitative Figures
The Show Cause Notice proposes a total demand of ₹87.31 crore (Rupees Eighty Seven Crore Thirty One Lakh) comprising GST, interest, and penalty for the Financial Year 2022-2023.
Dates of Action
- Date of Notice Receipt: August 31, 2026
- Time of Occurrence: 1:00 PM (IST)
- Disclosure Date: September 1, 2026
Parties Involved
- Issuing Authority: Assistant Commissioner of Commercial Taxes (Enforcement)-4, Mysore
- Recipient Company: Jubilant Pharmova Limited
Basis of Demand
The notice proposes demand on several issues including:
- Alleged ineligible Input Tax Credit (ITC)
- Excess ITC availed
- Differential tax liability based on E-waybill records
Company Response and Status
The Company is in the process of preparing a detailed reply to be filed before the Assistant Commissioner of Commercial Taxes (Enforcement)-4, Mysore. The Company states it has a strong case in its favour and will be contesting the demand. A personal hearing opportunity was provided to the Company before the issue of the notice.
Additional Information
The disclosure was simultaneously posted on the Company's website at www.jubilantpharmova.com.