Recommended Free Tools
iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
The reported reduction of Link Pharma Chem Limited’s GST demand to ₹16.3 lakh for FY 2021–22 is not verified by the available reporting. Reports instead describe an original GST demand of ₹1,05,21,897 and recovery of ₹11,29,639 in excess input tax credit, with applicable interest and penalties. No later order or company filing confirming a cut to ₹16.3 lakh has been established.
What is reported about the original demand
Secondary reports say Link Pharma Chem received a demand order from the Assistant Commissioner, Central GST & Central Excise, Vadodara. They put the GST demand for FY 2021–22 at ₹1,05,21,897 and separately report recovery of ₹11,29,639 in excess input tax credit (ITC), along with applicable interest and penalties. These are reported case amounts, not confirmation of the company’s final tax liability. Whalesbook and ScanX reported the figures.
The figures describe different components: the reported GST demand and the reported ITC recovery. They should not be combined into a single final liability without the order’s breakdown, including any interest or penalties.
Why the demand was reportedly issued
The reported allegations concern two discrepancies: a mismatch between tax liability declared in GSTR-1 and tax paid through GSTR-3B, and excess ITC claimed on imports that was not reflected in GSTR-2A. These are allegations described in the reporting; the available accounts do not establish that an appellate authority affirmed them. Whalesbook and MarketScreener summarize the stated grounds.
#1 Best Overall
- EASY TO MANAGE - Use this accounting ledger book to track your payments, deposits, and balances, and develop good bookkeeping habits to meet your financial goals.
- UNDATED ACCOUNT TRACK - Use a ledger book to record every expense you make no matter what day it starts. The accounting book is plenty of space to record each transaction you make, and state its number, date, description, account, payment or deposit amount, and total balance.
- HIGH QUALITY - The A5 expense tracker notebook is used to high quality 100gsm pure white paper, brown elastic band and a back pocket for extra space. A total of 64 sheets(128 pages), it comes with 3480 entry lines (29 lines per page, 60sheets/120pages), 1 page Year Overview, 7 lined notes pages.
- MANAGE YOUR FINANCES & SUCCEED - Use this business expense tracker notebook, You will be able to easily analyze your financial activities and quickly prepare accurate financial statements. Use your records to regularly assess your spending and income and find any unnecessary expenses you can cut to improve your financial performance.
- THE PERFECT GIFT - Use account ledger book for your personal or business finances, give it to your friends, colleagues as a gift for Birthday| Easter|Children's Day|Halloween|Thanksgiving|Christmas|Back to school and New Year's Day.
What is known about the company’s response
ScanX reported that Link Pharma Chem planned to appeal and said the matter would have no material operational impact. The available reporting does not establish whether the appeal was filed or what decision followed. ScanX’s report is dated 28 January 2026; a MarketScreener item attributed to S&P Capital IQ says the order was received on 27 January 2026. Both dates come from secondary reporting, not a retrieved underlying exchange disclosure. ScanX and MarketScreener.
Does the demand stand at ₹16.3 lakh?
That reduction remains unverified. The available reporting does not provide a later appeal or adjudication order, an exchange disclosure, or another reliable record confirming that the demand was reduced to ₹16.3 lakh. It is therefore not possible to say whether that figure refers to a revised tax demand, one component of the dispute, or an amount after excluding interest, penalties, or the separate ITC recovery.
Rank #2
To establish the final position, a reader would need a later company disclosure or the relevant authority’s order. It should identify the authority and order date and show separately the original and revised tax amounts, ITC recovery, interest, and penalties, as well as whether the decision is final or can still be appealed.
Quick Recap
Best Value
- Neatly Track & Organize Your Finances: The accounting ledger book is here for you to stay on top of your spendings & income! Clearly & neatly structured, it offers ample space for all crucial information about checks, savings, bills & other expenses or income
- Perfect For Small Business Owners: Keep it simple, yet super effective - the undated income and expense log book is an absolute must-have among small business supplies! Register your financial data and use your debit & credit records to compile a trial balance
- Premium Style With A Sturdy Cover: With the 120-page finance tracker, you can manage your finances conveniently in one place. A solid cover, thick paper and a reliable ring binding ensure maximum durability
- eautiful Modern Minimalistic Design: A visual highlight just like you can expect from ZICOTO! The beige cover of the ledger book, look stunning with a modern golden floral on the front - makes bookkeeping simply beautiful!
- Super Handy - Always At Hand: Thanks to its practical size, the 8.6x6.1” ledger book fits into any bag easily and is therefore always by your side. Whether used as a checkbook register or to track other financial flow, with the log book you’ve got it all sorted!
Rank #4
- Tax Compliance & Year-End Review: Accounting ledger book is designed to help small business owners, solopreneurs, and e-commerce sellers easily complete annual tax pre-reviews. Includes dedicated annual tax review pages, turning daily income and expense logs into a ready-to-use tax summary for stress-free tax filing.
- Spacious Space & Full-Year Capacity : At 7" x 9.25", general ledger notebook offers larger description columns and ample writing space per entry. With 100 double-sided sheets,200 pages total, expense tracker notebook provides enough capacity for a full year of daily transactions – one book, one complete fiscal year – simplifying household budget tracking, personal financial logs, and business expense management.
- From Recording to Managing: Unlike basic logs, expense tracker notebook includes an annual income & expense summary and a monthly financial dashboard. Income and expense log helps you track not just daily cash flow but also profit/loss trends, allowing you to move from simple recording to proactive financial management, whether for a small business, non-profit, or family budget.
- Perfect for All Kinds of Daily Bookkeeping Scenarios: Whether you're a freelancer trying to get a clear picture of your monthly income and expenses, or an e-commerce seller needing to track your store's transactions, budget planner for finance has you covered. No matter if you're an individual, a family, or a business owner, you'll find a way to use this book that fits your needs.
- Premium Cover & Eye-Safe Pages: Featuring a durable black leatherette PU leather cover with matte gold foil stamping, small business expense ledger looks and feels professional. The light green eye-protection interior pages and ribbon bookmark allow general ledger notebook and business bookkeeping to help you quickly locate any page or line, reducing eye strain and improving daily bookkeeping efficiency.
Rank #3
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.

