Vodafone Idea Faces ₹48.58 Crore GST Demand with Interest and Penalty

Vodafone Idea Limited has received orders from tax authorities under the Central Goods and Services Tax (CGST) Act, 2017. The company stated that it disagrees with these orders and intends to take app...

Vodafone Idea Limited has received orders from tax authorities under the Central Goods and Services Tax (CGST) Act, 2017. The company stated that it disagrees with these orders and intends to take appropriate actions for rectification or reversal. One order from the Joint Commissioner, Guwahati, passed under Section 74 of the CGST/SGST Act, confirms a penalty of ₹44,78,68,357 along with applicable demand and interest. This order was received on 18 December 2025 and pertains to the alleged excess Input Tax Credit claimed for the tax period from April 2018 to March 2021. Another order from the Additional Commissioner, GST & Central Excise, Mumbai East Commissionerate, also passed under Section 74 of the CGST Act, confirms a penalty of ₹3,79,44,450 along with applicable demand and interest. This order was received on 19 December 2025. The allegation is related to wrongly availed Input Tax Credit without actual receipt of goods or services and wrongly passed Input Tax Credit without any supply of goods or services for the financial years 2018-19 to 2023-24. The company has indicated that the maximum financial impact would be limited to the extent of the tax demand, interest, and penalty levied. Vodafone Idea Limited plans to contest these orders.

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 Vodafone Idea Limited in the news today?

Vodafone Idea Limited (IDEA) is in the news due to the company has received significant tax demands, penalties, and interest from gst authorities, which negatively impacts its financial position and operational outlook.

Regulatory ImpactOther Regulatory Filings
Vodafone Idea LimitedIDEAhttps://prysm.fi/v2/analyze/IDEA

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

Vodafone Idea Faces ₹48.58 Crore GST Demand with Interest and Penalty

December 19, 2025, 03:34 PM

AI Sentiment Analysis

Vodafone Idea Limited has received orders from tax authorities under the Central Goods and Services Tax (CGST) Act, 2017. The company stated that it disagrees with these orders and intends to take appropriate actions for rectification or reversal.

One order from the Joint Commissioner, Guwahati, passed under Section 74 of the CGST/SGST Act, confirms a penalty of ₹44,78,68,357 along with applicable demand and interest. This order was received on 18 December 2025 and pertains to the alleged excess Input Tax Credit claimed for the tax period from April 2018 to March 2021.

Another order from the Additional Commissioner, GST & Central Excise, Mumbai East Commissionerate, also passed under Section 74 of the CGST Act, confirms a penalty of ₹3,79,44,450 along with applicable demand and interest. This order was received on 19 December 2025. The allegation is related to wrongly availed Input Tax Credit without actual receipt of goods or services and wrongly passed Input Tax Credit without any supply of goods or services for the financial years 2018-19 to 2023-24.

The company has indicated that the maximum financial impact would be limited to the extent of the tax demand, interest, and penalty levied. Vodafone Idea Limited plans to contest these orders.

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

deep dive

Top Queries to Ask About Vodafone Idea Limited

More News on Vodafone Idea Limited

Discover more trending news on Prysm

View All