Vodafone Idea has received an order under the Central Goods and Services Tax (GST) Act, 2017. The company disputes the order, which includes a penalty of ₹64,91,101 along with applicable demand and interest. Vodafone Idea intends to pursue appropriate actions for rectification or reversal of the order, disagreeing with the findings and implications. The maximum financial impact corresponds to the tax demand, interest, and penalty.
Order Details Under GST Act
Vodafone Idea Limited has received an order related to the Central Goods and Services Tax Act, 2017. The order, received on December 26, 2025, pertains to alleged excess claim of Input Tax Credit during the financial year 2021-22.
Financial Implications
The order confirms a penalty of ₹64,91,101, along with demand and applicable interest. The maximum financial impact is the extent of the tax demand, interest, and penalty levied.
Company’s Response
Vodafone Idea does not concur with the order and intends to take appropriate action(s) for rectification or reversal of the same. The company is evaluating available remedies and preparing to address the issues raised in the order. They will take the necessary steps to rectify/reverse the order.
Source: BSE