Alembic Pharmaceuticals Limited received an Order from the Office of Deputy Commissioner, DGSTO-02, Bengaluru, Karnataka, under applicable provisions of the Karnataka Goods and Service Tax Act, 2017 for FY.2018-19 and the Company intends to contest the matter with Commissioner Appeal. Nature and details of the action(s) taken, initiated or order(s) passed: The Company has received an Assessment Order from Deputy Commissioner as mentioned below: Tax Demand of INR 33,45,755; Interest of INR 30,26,030 and Penalty of INR 3,34,576. Details of the violation(s)/contravention(s)committed or alleged to be committed: Allegations of difference of Outward Supply between GSTR-3B Vs Books, Output tax reduced by virtue of Credit Note, ITC difference between GSTR-3B Vs Books and ITC not appear in GSTR-2A.