NTPC Limited receives GST order for ₹16.86 Crore, plans appeal

NTPC Limited has received an order from the Assistant Commissioner, State Tax (GST), Delhi, pertaining to the payment of tax, interest, and penalty under the CGST Act and Delhi GST Act for the financi...

NTPC Limited has received an order from the Assistant Commissioner, State Tax (GST), Delhi, pertaining to the payment of tax, interest, and penalty under the CGST Act and Delhi GST Act for the financial year 2021-22. The demand amounts to ₹16,86,10,726, comprising a tax liability of ₹9,51,17,485, interest of ₹6,39,81,493, and a penalty of ₹95,11,748. The violation cited is the mismatch between tax liability as per GSTR-1/GSTR-3B and GSTR-9, along with a disallowance of Input Tax Credit (ITC) on the grounds that ITC related to common credit needs to be reversed as NTPC's supply is exempt. NTPC Limited intends to file an appeal before the Commissioner (Appeals-1), Delhi GST, within the prescribed timeline. The company has stated that this order will not have a material impact on its financials, operations, or other activities.

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Why is NTPC Limited in the news today?

NTPC Limited (NTPC) is in the news due to the company has received a tax demand, which is a negative event. however, the company plans to appeal the order and states there is no material impact on financials or operations, thus maintaining a neutral sentiment.

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NTPC Limited receives GST order for ₹16.86 Crore, plans appeal

December 17, 2025, 11:32 AM

AI Sentiment Analysis

NTPC Limited has received an order from the Assistant Commissioner, State Tax (GST), Delhi, pertaining to the payment of tax, interest, and penalty under the CGST Act and Delhi GST Act for the financial year 2021-22. The demand amounts to ₹16,86,10,726, comprising a tax liability of ₹9,51,17,485, interest of ₹6,39,81,493, and a penalty of ₹95,11,748.

The violation cited is the mismatch between tax liability as per GSTR-1/GSTR-3B and GSTR-9, along with a disallowance of Input Tax Credit (ITC) on the grounds that ITC related to common credit needs to be reversed as NTPC's supply is exempt. NTPC Limited intends to file an appeal before the Commissioner (Appeals-1), Delhi GST, within the prescribed timeline. The company has stated that this order will not have a material impact on its financials, operations, or other activities.

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