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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Awaiting price reaction for this filing.
Vodafone Idea has received an order from the Assistant Commissioner of State Tax, Guwahati Unit-B-2, under Section 73 of the CGST/SGST Act, 2017, dated December 30, 2025. The order confirms a penalty of Rs. 32,22,738 along with a tax demand and applicable interest. The allegation is excess availment of Input Tax Credit. The company has stated it does not agree with the order and will take appropriate action to get it rectified or reversed. The full financial impact is limited to the tax demand, interest, and penalty amount levied.
The financial impact is relatively small (around Rs. 32 lakh in penalty plus demand and interest) compared to Vodafone Idea's overall size, and the company plans to contest it, so this is unlikely to materially affect the stock. However, it adds to the company's ongoing pile of tax and regulatory disputes that investors should track.