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Vedanta has received a Rs 15.43 lakh penalty order from the Assistant Commissioner, GST & Central Excise, Jharsuguda, Orissa. The order pertains to the alleged wrong use of Central Value Added Tax (CEVAT) credits.
“The Company has received an Order from Office of the Additional Commissioner, GST & Central Excise Commissionerate, confirming Penalty of Rs 3.48 Cr along with Tax demand and applicable Interest.
Mining giant Vedanta Ltd has received GST demand notices to the tune of Rs 1.86 crore for availing input tax credit, which has been termed “ineligible” by the tax authority.
Shares of Vedanta Ltd are in focus today after the metal and mining major said it received two orders worth Rs 48.82 crore, along with applicable interest and penalty of 10% of GST demand, from additional commissioner, GST and Central Excise Commissionerate…
Vedanta on December 23 said its subsidiary Bharat Aluminium Company Limited (BALCO) has received a Goods and Services Tax (GST) demand notice of Rs 84 crore. The demand notice has been issued from the “Office of the Joint Commissioner, Bilaspur”, and…
Shares of Vedanta opened 0.5 percent higher during early trade on November 20, after the Anil Agarwal-led company received a GST demand order worth Rs 1.38 crore from GST & Central Excise Commissionerate, Rourkela. At 9:50 am, the stock was trading at Rs…