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Legal▼ Bearish for Aurobindo Pharma
GST appellate authority upholds ₹4.6 crore ITC claim order against Aurobindo Pharma
The brief
- GST appellate authority upheld a ₹4.6 crore ITC claim order against Aurobindo Pharma
- The order relates to FY2020-21 under the Central GST Act and Telangana GST Act
- The tax order adds a compliance overhang for Aurobindo Pharma and Indian pharma investors
- GST Council to simplify processes, cut penalties
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