GE Vernova T&D India Limited has informed the Exchange about Action(s) taken or orders passed
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GE Vernova T&D India has settled a GST matter related to excess Input Tax Credit claimed in GSTR-3B for FY 2019-20 in Odisha. The company filed an application under the GST Amnesty Scheme (Section 128A of the CGST Act) to seek waivers on interest and penalty. It had already paid a tax amount of Rs. 2,93,236, and the settlement approved by the Assistant Commissioner of State Tax, Bhubaneswar, waived interest of Rs. 2,29,784 and penalty of Rs. 29,322. The order was received on June 24, 2025. The company confirmed there is no material impact on its financials, operations, or other activities.
A small routine tax settlement with negligible financial impact (total under Rs. 5.5 lakh). Unlikely to affect the stock price or shareholder value in any meaningful way.