Voltas Limited Receives GST Demand Orders Totaling ₹0.27 Crore
Voltas Limited announced on January 1, 2026, that it has received two orders from GST authorities on December 31, 2025. The first order, from the Deputy Commissioner, CGST and Central Excise, Bidhan ...
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Why is Voltas Limited in the news today?
Voltas Limited (VOLTAS) is in the news due to the company received demand orders from gst authorities, which are generally negative. however, the amounts are relatively small for voltas, and the company plans to appeal, stating no material impact. this balances the negative aspect, leading to a neutral sentiment.
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Voltas Limited Receives GST Demand Orders Totaling ₹0.27 Crore
January 1, 2026, 06:34 AM
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Voltas Limited announced on January 1, 2026, that it has received two orders from GST authorities on December 31, 2025.
The first order, from the Deputy Commissioner, CGST and Central Excise, Bidhan Nagar Division, Kolkata, demands ₹0.16 crore in tax, interest, and an equal penalty. This is related to alleged short payment of GST for the financial years 2018-19 to 2023-24.
The second order, from the Superintendent of CGST, Central Tax, Raipur, demands ₹0.11 crore in tax, interest, and an equal penalty. This pertains to the alleged disallowance of Input Tax Credit for the financial years 2018-19 to 2021-22.
Voltas Limited stated that it is in the process of filing appeals against both orders. The company has also indicated that these penalties will not have a material impact on its financials, operations, or other activities.
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