Announced Tue, 13 Oct, 2026 · 17:40 IST

GST demand cut from Rs 1.33 cr to Rs 16.3 lakh by Tribunal

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-1.7% vs market

Commodity Chemicals peers, median of 58sector+0.4%-1.5% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.5 pts less than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Link Pharma Chem received a GST Appellate Tribunal order in Vadodara for FY 2021-22. The original demand of Rs 1.33 crore was reduced to Rs 16.3 lakh, and penalty cut from Rs 13.3 lakh to Rs 2.06 lakh. The issues were mismatch between GSTR1 and GSTR3B returns and excess input tax credit claimed on imports. Company states there is no material financial impact and intends to file a further appeal.

Likely market impact

Favorable reduction in tax demand, but company plans to appeal further; management says no material impact on operations.