LatestIncome Tax 27 September 2026
Sanofi India Hit with Rs 23.74 cr GST Show‑Cause Notice
On 25 September 2026 Karnataka's Goods and Services Tax department issued a show‑cause notice to Sanofi India under Section 73 of the 2017 GST Act, proposing a tax liability of Rs 23.74 crore. The company must respond within the stipulated time to avoid penalties or further legal action, highlighting heightened scrutiny of corporate tax compliance in the region.
Sanofi India has been served with a GST show‑cause notice demanding Rs 23.74 crore in tax under Karnataka's GST Act.
- Issued on 25 Sept 2026 under Section 73 of the 2017 GST legislation.
- The notice requires Sanofi to justify the tax shortfall or face penalties.
- Non‑compliance could lead to further legal action and additional fines.
For full details, see the original report on Capital Market.Source
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