Maharashtra GST Department Conducts Inspection at Lupin's Mumbai Office

The Maharashtra Goods and Services Tax Department has initiated inspection and search operations at Lupin Ltd's registered office in Mumbai, focusing on GST payments and input tax credit claims. Lupin stated it is cooperating fully and that these proceedings will not affect its financials, operations, or activities. The company recently reported strong Q3 FY26 growth, with record US sales and double-digit growth in India, maintaining its position as the eighth largest pharmaceutical firm in India.