Vedanta Limited has received a penalty order from the Deputy Commissioner of Commercial Taxes. The order confirms a penalty of INR 31,52,244. The issue relates to the availment and utilization of ineligible Input Tax Credit and variances in turnover declared in past returns during FY 2021-22. The company is evaluating its next course of action and doesn’t anticipate a material financial impact.
Details of Tax Order
Vedanta Limited has received an order from the Office of the Deputy Commissioner of Commercial Taxes confirming a penalty. The penalty amount is INR 31,52,244 along with applicable tax demand and interest.
Issue Background
The matter concerns the availment and utilization of ineligible Input Tax Credit. It also involves a variance in the turnover declared by the Company in various returns filed during the financial year 2021-22.
Order Details
The order was received by the company on December 26, 2025, at 06:40 PM IST. The reference number for the order is No. DCCT-01/LTU/ADJ-26/2025-26 Ref. No. ZD2912252037495, dated 26/12/2025.
Company Response
The Company is currently evaluating the next course of action. At this time, Vedanta Limited does not expect the order to have any material financial impact on its operations or financials.
Source: BSE
