Vodafone Idea Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding order passed under Central Goods and Services Tax Act, 2017
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Vodafone Idea has received an order from the Office of the Additional Commissioner, Secunderabad, under Section 73 of the CGST Act, 2017, confirming a penalty of Rs. 6,78,07,980 (about Rs. 6.78 crore) along with applicable tax demand and interest. The order relates to an allegation of excess claim of Input Tax Credit (ITC) for the financial year 2021-2022. The order was received on 30 December 2025. The company has stated that it does not agree with the order and will take appropriate legal action to challenge it.
The financial impact is limited to the tax demand, interest, and penalty of roughly Rs. 6.78 crore, which is small relative to the size of the company. Since the company plans to contest the order, shareholders need not be alarmed, but any adverse final ruling could add to its tax liabilities.