GST in Media

Zydus Wellness arm gets Rs 56.33 cr GST demand

Zydus Wellness Ltd on Saturday said its wholly-owned arm has received a GST demand of Rs. 56.33 crore, along with applicable interest and penalty from the tax authority, Zydus Wellness Products Ltd (ZWPL), a wholly-owned subsidiary company, has received an intimation from the Directorate General of Goods and Services Tax Intelligence, Surat Zonal Unit, alleging GST demand of Rs. 56.33 crore, along with applicable interest and penalty, Zydus Wellness Ltd said in a regulatory filing.