Sanofi India disclosed that the State Tax Officer, Tiruvallur dropped a ₹1.07 Crore GST demand for FY 2022-23. The company confirmed no material financial or operational impact.
The Supreme Court dismissed Sanofi India's petition to quash criminal proceedings. No penalty or operational restriction is imposed on the company at this stage.
Sanofi India Limited received a GST show cause notice regarding product classification for FY 2020-21. The total disputed demand, including tax and penalty, is ₹72.77 Crore.
Sanofi India received a favorable income tax order vacating a demand of Rs. 0.73 Crore. The order drops proceedings related to non-deduction of TDS for AY 2019-20.
Sanofi India received a favourable Income Tax Appeal order dropping a demand of Rs. 72,71,510 for AY 2019‑20. The company says there is no material impact.
Sanofi India received a favorable order dropping a ₹0.11 Crore GST demand for FY 2018-19. The authority accepted the company's submissions, resulting in no material financial impact.
Tax authorities dropped a ₹0.60 Crore demand against Sanofi India regarding FY 2020-21 GST discrepancies. The resolution removes a potential liability with no material financial impact.
Sanofi India Ltd received a GST refund order for Rs. 0.52 Crore (including interest) for the period August 2014 to June 2017. The authority rejected a balance claim of Rs. 0.12 Crore, which the company intends to appeal. The refund relates to pre-deposit payments following a favorable appellate decision.