Regulation And Legal
Unichem Labs GST Appeal Partially Allowed
Tax / GST / Customs Action
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
29th Jul 2026
Authority and Proceedings
- Name of Authority: Additional Commissioner, Central Goods & Services Tax, (Appeals), Dehradun
- Nature of Action: Appeal filed against order passed by Asst. Commissioner, Central Goods and Service Tax Division, Dehradun
- Original Demand: ₹73,02,757/- disallowed for TRAN 1 credit under Section 140(3) of CGST Act, 2017 and Sections 74 & 122 of CGST Act
Appeal Outcome
- Date of Order Receipt: 28th July 2026 after 3:00 PM
- Decision: Appeal partially allowed by Additional Commissioner, CGST (Appeals), Dehradun
- Revised Demand: ₹10,59,354/- plus interest under Section 50 of CGST Act
- Violation/Contravention: GSTR TRAN 1 credit partially disallowed
Financial Impact Assessment
- The company states there will be no material impact on financial, operational or other activities
- Based on legal advice, the company shall file an appeal against this order within prescribed timelines