Vedanta Limited Receives Penalty Orders Totaling ₹11.6 Crore from Tax Authorities
Vedanta Limited has disclosed that it has received penalty orders from two tax authorities. The Office of the Commercial Tax in Panaji, Goa, has confirmed a penalty of ₹19,33,693.78, along with appli...
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Why is Vedanta Limited in the news today?
Vedanta Limited (VEDL) is in the news due to the company has received penalty orders from tax authorities, which is a negative development. however, the company is evaluating its options and does not expect a material financial impact, balancing the negativity.
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Vedanta Limited Receives Penalty Orders Totaling ₹11.6 Crore from Tax Authorities
December 25, 2025, 10:13 AM
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Vedanta Limited has disclosed that it has received penalty orders from two tax authorities.
The Office of the Commercial Tax in Panaji, Goa, has confirmed a penalty of ₹19,33,693.78, along with applicable tax demand and interest. This pertains to the availment and utilization of input tax credit during the financial year 2018-19. The order was received on December 24, 2025.
Additionally, the Office of the Joint Commissioner, GST & Central Excise in Rourkela, has confirmed a penalty of ₹10,65,43,888/-, along with tax demand and applicable interest. This issue relates to the delayed payment of tax liability from FY 2018-19 to FY 2022-23. This order was also received on December 24, 2025.
Vedanta Limited is currently evaluating its next course of action for the Goa order and does not anticipate a material financial impact. For the Rourkela order, the company intends to file an appeal and is hopeful of a favorable outcome, also not expecting any material financial impact.
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