Indoco Remedies Limited received Show Cause Notice received from the Goods and Service Tax (GST) Authority. Demand has been raised vide Show Cause Notice dated 9th May, 2024 towards GST liabilities basis the details provided therein for the period from 2019 -2020. ITC availed and utilized but not available in GSTR-2A Since it is only a show cause notice at this stage, and the Company will be taking all necessary actions to present and defend its case before the relevant authorities and address the demand and penalties, if any, A potential demand of INR 0.622 million has been put forth which is subject to the outcome of the matter.