New Delhi: Zydus Lifesciences Limited has informed the stock exchanges that the Commissioner of Central Goods and Services Tax (CGST), Ahmedabad, has confirmed a demand of Rs 33.50 million along with applicable interest and penalty, relating to alleged wrongful availment of CENVAT credit on sales commission paid to foreign entities.

The order, dated September 19, 2025, was communicated to the company on September 24, 2025.

The case traces back to multiple show cause notices issued by the Central Excise and Service Tax Authorities, covering the period from March 2008 to June 2017. These notices initially raised a demand of ₹392.47 million for alleged irregular availment of CENVAT credit on input services. After reviewing Zydus Lifesciences’ detailed oral and written submissions, the auth

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