‘Hetero inflated drug input cost, stashed cash in lockers, boxes’
2021-10-12
HYDERABAD: The Income Tax department has charged pharma major Hetero of using private lockers in Ameerpet and those of the SBI, an almirah and boxes in houses owned or rented by its directors, to stash cash illegally. Investigations found that Hetero inflated the production cost of drugs it was manufacturing and over-invoiced the raw material…Continue Reading