Quick Summary
The GST office in Patna has ordered debt-ridden Vodafone Idea (VIL) to pay Rs 15.19 crore in taxes, along with a penalty of Rs 1.51 crore, for allegedly availing input tax credit (ITC) it was not eligible for during FY 2019-20 and 2020-21. This development was disclosed in a regulatory filing by the company on Wednesday. According to the filing, the Joint Commissioner for CGST and Central Excise in Patna passed the order under the Central Goods and Services Tax Act, 2017. The order confirms t
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN - Rs.1999
1799
(Excl. of GST ₹323)
2 Years PLAN - Rs.3499
3149
(Excl. of GST ₹566)
BEST VALUE
3 Years PLAN - Rs.4999
4499
(Excl. of GST ₹809)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
Vodafone Idea has been ordered to pay Rs 15.19 crore in taxes, plus a penalty of Rs 1.51 crore, along with applicable interest.
The demand is due to allegations that Vodafone Idea availed input tax credit (ITC) that it was not eligible for during the financial years 2019-20 and 2020-21.
The order was passed by the Joint Commissioner for CGST and Central Excise in Patna.
Vodafone Idea received the order on August 28, 2024.
Vodafone Idea stated that it does not agree with the order and intends to pursue appropriate legal actions to challenge the ruling.
CAclubindia
