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Indoco Remedies Receives GST Notice for Potential Tax Liability

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Indoco Remedies Receives GST Notice for Potential Tax Liability

Confident Investing Starts Here:

An announcement from Indoco Remedies Limited ( (IN:INDOCO) ) is now available.

Indoco Remedies Limited has received a notice from the GST Authority regarding a potential demand of Rs. 849.80 Lakhs for GST liabilities related to the period from 2021-2022. While the company plans to respond appropriately and does not anticipate this demand to materialize as a financial liability, it will keep stakeholders informed of any significant developments.

More about Indoco Remedies Limited

Indoco Remedies Limited is a pharmaceutical company involved in the development, manufacture, and marketing of pharmaceutical formulations and active pharmaceutical ingredients. The company operates in the healthcare industry, focusing on domestic and international markets with a diverse range of therapeutic segments.

YTD Price Performance: -20.02%

Average Trading Volume: 7,238

Current Market Cap: 25.95B INR

Find detailed analytics on INDOCO stock on TipRanks’ Stock Analysis page.

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