Vedanta Limited, in a regulatory filing on February 5, 2025, disclosed that it received an order from the Office of the Commissioner, CGST & Central Excise, Jodhpur, imposing a penalty of ₹27.27 crore along with GST demand and applicable interest. The order, issued on February 3, 2025, and received by Vedanta on February 4, pertains to multiple issues, including the availment and reversal of Input Tax Credit (ITC) and GST payment on corporate guarantees.
The company has confirmed that it is currently assessing the financial and operational implications of the order and is evaluating its next steps to address the situation.
This disclosure, made under Regulation 30 of SEBI’s Listing Obligations, highlights Vedanta’s adherence to compliance norms and its efforts to keep stakeholders informed of significant regulatory developments.
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As of 12:42 pm the shares of Vedanta were trading 1.60% higher at ₹444.70 on NSE
