Vodafone Idea gets Rs 6.78-crore GST penalty; company to challenge tax order

Vodafone Idea has received an order from the Office of the Additional Commissioner, Secunderabad, Hyderabad, confirming a penalty of Rs 6.78 crore, along with tax demand and applicable interest. As per the company’s filing with BSE, this penalty comes under the Central Goods and Services Tax Act, 2017.

The order has been passed under Section 73 of the Integrated, Central and State GST Acts and relates to an alleged excess claim of input tax credit (ITC) for the financial year 2021–22.