Vedanta Limited has received orders from GST authorities concerning penalties related to input tax credit and turnover differences. One order, from Delhi, imposes a penalty of ₹18,53,370. Another, from Rourkela, involves a penalty of ₹1,76,39,312 due to turnover discrepancies. The company plans to appeal both orders and does not anticipate a material financial impact.
GST Penalty Order from Delhi
Vedanta Limited has received an order from the Office of the Assistant Commissioner, CGST Delhi, imposing a penalty of ₹18,53,370 along with applicable tax demand and interest. The penalty relates to a dispute on Input Tax Credit under Section 17(5) for the period of FY 18-19 to FY 20-21. The order, dated December 30, 2025, was received on the same day.
GST Penalty Order from Rourkela
Vedanta Limited has also received an order from the Office of the Joint Commissioner, GST & Central Excise, Rourkela confirming a penalty of ₹1,76,39,312, along with applicable tax demand and interest. This penalty pertains to differences in turnover reported in GSTR – 9C (Between GST turnover vs Audited Financial Statements turnover) for FY 2018-19. The order was received on December 30, 2025.
Company’s Response
Vedanta Limited intends to file appeals against both orders with the relevant Appellate Authorities. The Company is hopeful of a favorable outcome and currently does not anticipate any material adverse financial impact as a result of these orders.
Source: BSE