Vodafone Idea Hit by ₹12.7 Lakh GST Penalty, Vows to Challenge Ahmedabad Tax Notice Over ITC Dispute
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CNBC Awaaz•01/12/2025
Vodafone Idea Hit by ₹12.7 Lakh GST Penalty, Vows to Challenge Ahmedabad Tax Notice Over ITC Dispute
- •Vodafone Idea received a major GST order from Ahmedabad tax authorities.
- •The order includes a penalty of ₹12,72,899, tax demand, and interest.
- •The dispute concerns Input Tax Credit claimed in 2018-19.
- •Vodafone Idea plans to challenge the order.
- •The financial impact is limited and won't affect operations significantly.
Why it matters: This tax dispute could affect Vodafone Idea's financial stability and investor confidence.
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