Link Pharma Chem GST Demand Reduced by Rs. 1.16 Crore
REGULATORY
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 13 Oct 2026, 05:40 PM IST · BSE ID: 469f40de-ceb0-4f4e-b396-e6f1a5539377
View Original BSE Filing (PDF)
💡
In Simple Terms
A tax tribunal significantly lowered the company's GST and penalty dues for a past financial year.
🤖 AI Summary
- GST demand for FY 2021-22 reduced by Rs. 1,16,64,470 to Rs. 16,29,852.
- Penalty reduced from Rs. 13,29,433 to Rs. 2,05,605 by GST Appellate Authority.
- Order received on October 12, 2026, from GST Appellate Authority, Tribunal Vadodara.
- Violations included GSTR1/GSTR3B mismatch and excess ITC on import of goods.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Original GST Demand
Rs. 1,32,94,322
Reduced GST Demand
Rs. 16,29,852
Original Penalty
Rs. 13,29,433
Reduced Penalty
Rs. 2,05,605
Order Receipt Date
12.10.2026
🏢 How This Affects the Company
The company's financial obligation for GST demand and penalty for FY 2021-2022 has been reduced by Rs. 1,16,64,470 in demand and Rs. 11,23,828 in penalty.
This order resolves a tax dispute, though the company intends to file a further appeal, indicating ongoing legal engagement.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders.
👤
Who Is Affected
All shareholders are affected by the reduction in potential financial liabilities, particularly those related to the company's tax compliance history.
🔍
Management Signal
Management is actively pursuing resolution of tax disputes and is willing to appeal adverse orders to protect company finances.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Company's appeal filing status with the appropriate authority.
Confirmation of final resolution of the GST dispute.
Future GST compliance disclosures by the company.
MEDIUM RISK
Ongoing tax disputes and company's intent to appeal indicate potential for continued financial and legal engagement.
💡 Investor Takeaway
Link Pharma Chem's GST demand for FY 2021-22 reduced by Rs. 1,16,64,470 to Rs. 16,29,852 and penalty by Rs. 11,23,828 to Rs. 2,05,605.
⚖️ Strengths & Concerns
✅ Positives
- Successful reduction of GST demand by Rs. 1,16,64,470 from Rs. 1,32,94,322.
- Reduction in penalty from Rs. 13,29,433 to Rs. 2,05,605, a decrease of Rs. 11,23,828.
⚠️ Concerns
- Company faced violations related to tax liability declaration mismatches and excess ITC claims.
- Initial GST demand of Rs. 1,32,94,322 and penalty of Rs. 13,29,433 indicated prior compliance concerns.
❓ Frequently Asked Questions
What was the final GST demand for Link Pharma Chem for FY 2021-2022?
The final GST demand for FY 2021-2022 was reduced to Rs. 16,29,852 by the GST Appellate Authority.
What was the penalty imposed on Link Pharma Chem for FY 2021-2022?
The penalty was reduced from Rs. 13,29,433 to Rs. 2,05,605 by the GST Appellate Authority.
Which authority issued the order regarding Link Pharma Chem's GST dues?
The order was received from the GST Appellate Authority, Tribunal Vadodara.
What were the violations cited for the GST demand against Link Pharma Chem?
Violations included mismatch between tax liability declared in GSTR1 and GSTR3B, and excess ITC availed on import of goods.
Questions based on this BSE filing only. For information purposes.