FilingReader Intelligence

Vodafone Idea faces penalty under Goods and Services Tax act

February 21, 2025 at 09:31 AM UTCBy FilingReader AI

Vodafone Idea (VI) disclosed it received an order under Section 73 of the Central Goods and Services Tax Act, 2017. The order confirms a penalty of INR 97.17 million plus applicable demand and interest, citing excess availment of Input Tax Credit for FY2020-21. VI disagrees with the order and intends to take appropriate action for rectification or reversal.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:IDEABombay Stock Exchange

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