Vodafone Idea Limited has informed the Exchange Intimation 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 of Central GST, Ahmedabad South, dated 31 December 2025, passed under Section 74 of the CGST Act, 2017. The order confirms a penalty of about Rs. 637.91 crore along with applicable tax demand and interest. The allegation relates to alleged short payment of tax and excess claim of Input Tax Credit. The company has stated it does not agree with the order and intends to take appropriate legal action to challenge it. The exact financial impact will depend on the outcome of the legal challenge.
If upheld, this additional Rs. 637.9 crore demand adds to Vodafone Idea's already stretched financial position and could weigh on the stock in the near term. However, since the company plans to contest the order, the actual cash outflow remains uncertain and will depend on the legal proceedings.