Dr. Agarwal's Health Care Limited Receives Show Cause Notice from GST Authorities
Dr. Agarwal's Health Care Limited has confirmed receiving a Show Cause Notice (SCN) concerning alleged discrepancies in tax filings for the financial year 2022-23. The notice, dated May 14, 2026, originated from the Office of the Assistant Commissioner, GST & Central Excise in Nungambakkam, Chennai.The SCN addresses several discrepancies in the returns and statements filed by the company for the aforementioned financial year.
The Notice details allegations related to:
- Difference in Output Turnover
- Short Payment of Tax under RCM
- Exempted, Nil rate, or Non GST supplies
- Excess claim of ITC (Input Tax Credit)
- Claim of ineligible ITC
- Non-Compliance of E-invoicing
- Additionally, the notice concerns penalties and interest for late or improper reporting in the returns.
According to the details provided, the Assistant Commissioner has directed the company to show cause as to why GST amounting to Rs. 15.08 Crores, along with associated interest and penalty, should not be demanded.
The company stated that it is currently examining the notice and will take appropriate steps, including submitting a reply within the prescribed time period. However, Dr. Agarwal's Health Care Limited does not envisage any relevant impact on its financial position, operations, or other activities.
The key details of the notice and potential financial claims are summarized below:
| Detail | Description |
|---|---|
| Source of Notice | Assistant Commissioner, GST & Central Excise, Nungambakkam, Chennai |
| Date of SCN | May 14, 2026 |
| Financial Year Covered | 2022-23 |
| Alleged Discrepancies | Output Turnover difference, Short payment under RCM, Excess/ineligible ITC claims, Non-compliance of E-invoicing, Late/Improper reporting |
| Quantum of Demand | Rs. 15.08 Crores (along with interest and penalty) |
| Impact Assessment | Company does not envisage any relevant impact on financials or operations. |
AGARWALEYE Stock Price Movement
Shares of Dr. Agarwal's Health Care Limited are edging higher to ₹450.5 as of 11:54 AM today, gaining 0.95% in live trading. The stock has seen robust activity, trading on a volume of 15,730 shares amid a day's range between ₹442.3 and ₹451.6.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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