Vindhya Telelinks Limited has informed the Exchange about Action(s) taken or orders passed
VINDHYATEL · price
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The Additional Commissioner (ST) (FAC) of GST Appellate Authority, Vijayawada, passed an order partially allowing the company's appeal against a GST demand. While the original demand was Rs. 3,62,10,088/-, the confirmed demand was drastically reduced to GST of Rs. 4,996/-, plus interest of Rs. 5,410/- and penalty of Rs. 20,000/-, totaling Rs. 30,406/-. The dispute concerned excess availment of Input Tax Credit (ITC) of Rs. 4,996/- for FY 2019-20, where ITC claimed in GSTR-3B exceeded what reflected in GSTR-2A under Section 73 of the CGST/APGST Act. The company received the order on 14 May 2026.
The financial impact is limited to approximately Rs. 30,406/-, a significant reduction from the original Rs. 3.62 crore demand, and is unlikely to materially affect the company's financials or share price.