Sai Life Sciences Faces IGST Demand of Rs. 70.15 Lakh, Plans Rectification With No Major Financial Impact:

Sai Life Sciences Faces IGST Demand of Rs. 70.15 Lakh, Plans Rectification With No Major Financial Impact

Sai Life Sciences receives an IGST demand order and plans to seek rectification, expecting no major financial impact on the company.

Company Challenges IGST Demand, Seeks Rectification

authorSaloni KumaridateNov 15, 2025
Last update on Nov 15, 2025
Sai Life Sciences Faces IGST Demand of Rs. 70.15 Lakh, Plans Rectification With No Major Financial Impact Sai Life Sciences Limited has recently issued a regulatory filing dated November 30, 2025, addressed to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Through the present regulatory filing, the company has informed the stock exchange that it has received an order dated November 12, 2025, passed by the Assistant Commissioner, Central Tax, Division-II (Pimpri), Pune-I Commissionerate under Section 74 of the CGST Act, 2017. The order raises an IGST demand of Rs. 70,15,687, Interest at applicable rates, Penalty of Rs. 70,15,687 to the company.
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The company has disclosed the aforesaid information to the stock exchange in pursuance of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with the SEBI Circular on the Industry Standards Note on Regulation 30 dated February 25, 2025.

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Saloni Kumari

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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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