J. B. Chemicals & Pharmaceuticals Limited has received order from Joint Commissioner State Tax, Lucknow II, Lucknow (C), Uttar Pradesh. Name of the authority: Joint Commissioner (Corporate Circle) State Tax, Lucknow II, Lucknow (C) Uttar Pradesh. Nature and details of the action: Demand of INR 3.051 million in respect of alleged mismatch in input tax credit availment during Fiscal Year 2018-19.

Details of the violation: Mismatch in Input tax credit availed Company has been advised that it has good case on merits. Company will prefer an appeal before Commissioner (Appeals).