Eris Lifesciences gets ₹17-crore GST show cause notice over Novartis trademark deal
The expected financial implication, as mentioned in the notice, is IGST of ₹16,84,67,040 along with applicable interest at 18% per annum from November 27, 2019. The penalty has not been specified in the notice. Shares of Eris Lifesciences Ltd ended at ₹1,772, up by ₹21.30 or 1.22%, on the BSE today (August 22).
The expected financial implication, as mentioned in the notice, is IGST of ₹16,84,67,040 along with applicable interest at 18% per annum from November 27, 2019. The penalty has not been specified in the notice. Shares of Eris Lifesciences Ltd ended at ₹1,772, up by ₹21.30 or 1.22%, on the BSE today (August 22).
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