GE Vernova T&D India Limited Faces GST Penalty of ₹2.12 Crore
GE Vernova T&D India Limited has received an order from the Office of Deputy Commissioner, Salt Lake, West Bengal, imposing a tax demand under GST law. This demand is on account of a mismatch in Input...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is GE Vernova T&D India Limited in the news today?
GE Vernova T&D India Limited (GVT&D) is in the news due to the company has been penalized with a tax demand and penalty order regarding gst compliance.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
GE Vernova T&D India Limited Faces GST Penalty of ₹2.12 Crore
December 20, 2025, 05:29 AM
GE Vernova T&D India Limited has received an order from the Office of Deputy Commissioner, Salt Lake, West Bengal, imposing a tax demand under GST law. This demand is on account of a mismatch in Input Tax Credit (ITC) during the Financial Year 2021-22.
The order, dated December 19, 2025, specifies a total demand of ₹1,92,67,583 as tax amount and ₹19,45,444 as penalty. The interest amount has not yet been quantified.
The company intends to file an appeal against this order before the first Appellate Authority. Despite the penalty, GE Vernova T&D India Limited states that there is no material impact on its financial, operational, or other activities, as the financial impact is limited to the extent of the order.
See What Deep Dive Gives You — in Seconds
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained - “Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
