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The company has received nine orders from various GST offices mostly for alleged short payment of taxes and allegedly availing excess input tax credit (ITC).
The GST office in Kolkata has levied highest penalty of Rs 33.44 crore on the company along with demand of tax and interest on September 1 for “Alleged Tax short paid on outward supply, excess ITC availed”, according to the filing.
Noida GST office has ordered Vodafone Idea (VIL) to pay “penalty of Rs 26,89,94,489 along with demand and interest as applicable” on September 1 for alleged “excess availment of ITC and short tax paid for FY 2019-20” by the company.
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The company has received a penal order of Rs 4,211 from Chandigarh GST office, Rs 1.57 crore order from Andhra Pradesh circle, Rs 9.51 lakh from Odisha, Rs 50,000 and Rs 36,000 from Himachal Pradesh office, according to the filing.
VIL said that it does not agree with the orders and will take appropriate action for the reversal or rectification of the orders. “The company does not agree with the orders and will take appropriate action(s) for rectification/ reversal of the same,” the filing said.