Vedanta Limited Receives Tax Order for ₹31.52 Lakh Penalty
Vedanta Limited has received an order from the Office of the Deputy Commissioner of Commercial Taxes (Large Taxpayer Unit)-1, Bengaluru. The order confirms a penalty of ₹31,52,244, along with tax dema...
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Why is Vedanta Limited in the news today?
Vedanta Limited (VEDL) is in the news due to the announcement pertains to a tax penalty, which is a negative event. however, the company has stated that it does not expect a material financial impact, mitigating the overall negativity.
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Vedanta Limited Receives Tax Order for ₹31.52 Lakh Penalty
December 27, 2025, 07:03 AM
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Vedanta Limited has received an order from the Office of the Deputy Commissioner of Commercial Taxes (Large Taxpayer Unit)-1, Bengaluru. The order confirms a penalty of ₹31,52,244, along with tax demand and applicable interest.
The issue pertains to the alleged availment and utilization of ineligible Input Tax Credit and a variance in the turnover declared by the Company in various returns filed during the Financial Year 2021-22.
The order, bearing number DCCT-01/LTU/ADJ-26/2025-26 and reference number ZD2912252037495, was dated December 26, 2025, and received by the company on December 26, 2025, at 06:40 PM IST.
Vedanta Limited is currently evaluating the next course of action. The company does not anticipate any material financial impact from this order.
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