6 months ago
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Telecom relation Vodafone Idea (VIL) connected Thursday (January 1, 2026) said it has received astir ₹638 crore GST punishment bid from the Office of Additional Commissioner, Central Goods and Service Tax, Ahmedabad.
In a statutory filing, Vodafone Idea said it disagrees with the bid and volition instrumentality ineligible enactment against it.
The filing comes conscionable a time aft debt-laden telco received a major alleviation connected its Adjusted Gross Revenue (AGR) dues, with the Union Cabinet connected Wednesday (December 31, 2025) deciding to frost its dues on with a 5-year outgo moratorium and allowing capped AGR dues to beryllium reassessed.
In a BSE filing connected Thursday (January 1), VIL informed: "Order passed nether Section 74 of the Central Goods and Services Tax Act, 2017 confirming punishment of ₹6,37,90,68,254 on with the request and involvement arsenic applicable." The bid came from the Office of the Additional Commissioner, Central Goods & Service Tax, Ahmedabad, and was received connected Wednesday (December 31), VIL said, adding that it pertains to "allegation of abbreviated outgo of Tax and excess availment of Input Tax Credit".
"The maximum fiscal interaction is to the grade of taxation demand, involvement and punishment levied. The institution does not hold with the bid and volition instrumentality due ineligible action(s) against the same," Vodafone Idea said.
