Shares of Vedanta will be in focus after the company disclosed receiving two GST-related orders involving tax demand, penalty and interest from authorities in Delhi and Odisha.
In a regulatory filing dated December 31, 2025, Vedanta informed exchanges that it has received orders from the Office of the Assistant Commissioner, CGST Delhi (South Commissionerate) and the Office of the Joint Commissioner, GST & Central Excise, Rourkela, confirming combined penalties of around Rs 1.95 crore, along with tax demand and applicable interest.
Details of the GST orders
According to the filing, the first order was issued by the Assistant Commissioner, Okhla Division, Delhi, confirming a penalty of Rs 18.53 lakh, along with tax demand and interest. This matter relates to a dispute over Input Tax Credit under Section 17(5) of the CGST Act for the period from FY 2018–19 to FY 2020–21.
The second order, issued by the Joint Commissioner, GST & Central Excise, Rourkela under Section 74 of the CGST Act, 2017, confirms a penalty of Rs 1.76 crore, along with tax demand and interest. This case pertains to a difference in turnover reported in GSTR-9C, specifically between GST turnover and audited financial statement turnover for FY 2018–19 .
Company response
Vedanta stated that it intends to file appeals against both orders before the appropriate appellate authorities. The company added that it is hopeful of a favourable outcome and does not expect the orders to have any material financial impact on its operations.
Market view
While regulatory tax orders typically draw investor attention, Vedanta has clarified that it considers the financial impact to be immaterial at this stage, pending appeal proceedings. The stock is likely to remain on traders’ radar as markets track further developments on the legal front.
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