Sanofi India Receives Partial Refund Order from CGST Authority for Period 2014-2017
Sanofi India Ltd announced on April 21, 2026, that it received a refund order from the Assistant Commissioner - Central Goods & Service Tax, Division-VIII, Ankleshwar, Vadodara - ll. The order concerns tax matters for the period spanning August 2014 through June 2017.The Assistant Commissioner (CGST), Vadodara, issued a refund order that partially accepted the company's submissions. The order granted a total refund of Rs. 52,07,841.
The granted refund amount is detailed as follows:
| Component | Amount (Rs.) |
|---|---|
| Principal Refund | 33,96,705 |
| Interest | 18,11,136 |
| Total Refund Granted | 52,07,841 |
However, the officer did not accept the company's refund claim of Rs. 11,62,853.
The company noted that during the appeal process before the Appellate authorities, it had filed a refund application of Rs. 45,59,558 concerning pre-deposit payment, as the original matter was decided in its favor.
Looking ahead, the company stated that it intends to file an appeal before the Appellate authorities regarding the non-grant of the balance refund amounting to Rs. 11,62,853.
SANOFI Stock Price Movement
Today, Sanofi India Limited shares edged higher to close at ₹3584, gaining 0.16% on a trading day. The stock settled within a range of ₹3574 to ₹3604, recording a total volume of 72,786 shares.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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