Zydus Lifesciences Reports Drop in GST Demand for Financial Year 2019-20

Zydus Lifesciences Reports Drop in GST Demand for Financial Year 2019-20

Zydus Lifesciences Reports Drop in GST Demand for Financial Year 2019-20​

Zydus Lifesciences Limited announced that it has secured a favorable order from the Adjudication Authority, Gandhinagar, concerning a drop in Goods and Services Tax (GST) demand. The order, dated March 24, 2026, pertains to the financial year 2019-20.

The company confirmed that the GST demand amounting to Rs. 41.77 million has been dropped following the issuance of the favorable order.

Zydus Lifesciences Limited stated that this event was given on a voluntary basis as a good governance practice.

ZYDUSLIFE Stock Price Movement​

Shares of Zydus Lifesciences Limited are edging higher to ₹874.3 as of 3:08 PM today, gaining 0.92% on ₹8.00 per share. The stock is maintaining momentum in live trading, supported by a robust volume of 622,103 shares traded.

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