NTPC Limited has received an order from the Principal Commissioner Central Tax Visakhapatnam of Andhra Pradesh for payment of tax, interest, and penalty under the Finance Act 1994. The corporation will file an appeal before the CESTAT, Hyderabad. There is no material financial impact from this order.
Order Details
NTPC Limited has received an order regarding tax, interest, and penalty payments related to the Finance Act 1994. The order, dated August 26, 2025, was issued by the Principal Commissioner Central Tax Visakhapatnam of Andhra Pradesh.
Financial Implications and Response
The order pertains to service tax on guarantee commission, reimbursement to CISF for arms and ammunition, and manpower supply for the financial years 2016-17 and 2017-18. The total demand, including tax, applicable interest, and penalty, amounts to ₹12,67,27,052.
NTPC intends to file an appeal against the order before the CESTAT, Hyderabad. The corporation has stated that this order does not have a material impact on the company’s financials, operations, or other activities.
Relevant Details from the Order
The specific violation relates to Section 73 (2) of the Finance Act 1994 read with Section 174 of the CGST Act 2017. The tax component of the order is ₹6,33,58,526.
Source: BSE
