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Artemis Medicare Services (ATEM.NS) falls 4.5% after GST show-cause notice

Artemis Medicare Services says it received a show-cause notice from CGST Gurugram for FY2022-23, alleging it charged MRP including GST on in-patient medicines, consumables and implants without remitting GST; expected implication is 111.1 million rupees plus interest and penalty.

ATEM.NS

15 rupees after the company said it received a show-cause notice from the Office of the Assistant Commissioner, CGST, Gurugram for FY2022-23. 16 million), plus interest and penalty. Artemis said the GST department alleges it charged MRP including GST on medicines, consumables and implants supplied to in-patients without remitting GST to the government. 2% year-to-date.

9800 Indian rupees)