Voltas Limited has been levied a penalty of ₹16.36 Lakhs by the Office of the State Tax Officer, Uttarakhand. The penalty, issued on June 9, 2026, is under Section 129 of the Uttarakhand Goods and Services Tax Act, 2017. This action was due to the expiry of an E-Way Bill during the transportation of goods. Voltas is currently preparing to file an appeal against this order and states there is no material impact on its financials or operations.
Official Order Received by Voltas
Voltas Limited announced on June 10, 2026, that it has received an official order from the Office of the State Tax Officer in Uttarakhand. This order, dated June 9, 2026, imposes a penalty amounting to ₹16,35,766.
Reason for Penalty
The penalty has been levied under Section 129 of the Uttarakhand Goods and Services Tax Act, 2017, in conjunction with relevant provisions of the Central Goods and Services Tax Act, 2017. The grounds for this imposition are related to the expiry of an E-Way Bill validity while goods were in transit. The specific contravention cited is the penalty for the expired E-Way Bill during the transportation of goods.
Company’s Response and Impact
Voltas Limited has confirmed that it is actively engaged in the process of filing an appeal against the order received. The company has also assured stakeholders that this penalty is not expected to have any material impact on its financial performance, operational activities, or other business functions. The order was received on June 9, 2026, at 6:57 p.m.
Source: BSE
