GST authority imposes ₹41 crore penalty on Torrent Pharmaceuticals

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Official logo of Torrent Pharmaceuticals Ltd. x/@TorrentPharmaIn

Official logo of Torrent Pharmaceuticals Ltd. x/@TorrentPharmaIn

Torrent Pharmaceuticals Ltd connected Friday (November 28, 2025) said the cardinal GST authorization has imposed a punishment of implicit ₹41 crore connected the institution for alleged erroneous refund connected export of goods.

The Joint Commissioner, communal adjudicating authority, cardinal GST, Ahmedabad South Commissionerate passed an bid imposing a punishment of ₹41,33,84,165, Torrent Pharmaceuticals Ltd said successful a regulatory filing.

The bid dated November 26, 2025 alleges erroneous refund by section connected export of goods, it added.

The institution further said based connected its assessment, an entreaty volition beryllium filed and is hopeful of favourable result and does not reasonably expect the bid to person immoderate worldly fiscal interaction connected it.

Published - November 28, 2025 04:35 p.m. IST

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