Bad News for Vodafone Idea: Deputy Commissioner, Central GST affirms Rs. 46.23 Lakh penalty:
Deputy Commissioner, Central GST has affirmed Rs. 46.23 Lakh penalty on Vodafone Idea for incorrect CENVAT credit on capital goods.
Vodafone Idea hit with Rs. 46.23 Lakh penalty
CA Pratibha Goyal
Jun 17, 2025Bad News for Vodafone Idea: Deputy Commissioner, Central GST affirms Rs. 46.23 Lakh penalty
Vodafone Idea Limited has been hit by tax demand of Rs. 46,23,793/- along with demand and Interest. Order was passed against the company under Rule 14(1)(ii) of CENVAT Credit Rules, 2004 read with proviso to Section 73(1) of the Finance Act, 1994 by Deputy Commissioner, Central GST - Ahmedabad.
Alleged denial of CENVAT credit on capital goods has led to this action.
This was disclosed by the company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Company added that it does not agree with the Order and will take appropriate legal action against the same.
About Author
CA Pratibha Goyal
Co Founder
CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc.
She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.
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