Vedanta Limited has informed the Exchange about Action(s) taken or orders passed
VEDL · price
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Awaiting price reaction for this filing.
Vedanta Limited has received an order from the Office of the Joint Commissioner, CT & GST Circle, Jharsuguda, confirming a penalty of Rs. 66,43,249 (approximately Rs. 66.4 lakhs) along with a tax demand and applicable interest. The matter relates to the reversal of Input Tax Credit in proportion to exempt supplies under sections 17(2) and 17(3) of the CGST Act, 2017. The order (Order-in-Original No. ZD211225036622W) was received on December 29, 2025. The company has stated it intends to file an appeal with the Appellate Authorities and does not expect any material financial impact on its operations.
The penalty amount is small relative to Vedanta's overall scale, and the company plans to appeal, so the immediate financial impact is expected to be limited. Shareholders should monitor the appeal outcome, but this is unlikely to materially affect the stock price.