Vedanta receives GST demand notices worth Rs 1.86 cr

  • 03 Apr 2024
  • Team Edukating
  • 522

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. The company said it will file an appeal against the orders.

In a regulatory filing on Tuesday, Vedanta Ltd said the Office of the Assistant Commissioner, Tirunelveli, Tamil Nadu, has sent the GST demand notice.

"The company has received orders from Office of Assistant Commissioner, Tirunelveli, Tamil Nadu, confirming demand of GST related to Input Tax Credit availed by the company which is regarded as ineligible by such tax authority for the period from FY 2017-18 till FY 2021-22," Vedanta said.

Source : https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-receives-gst-demand-notices-worth-rs-1-86-cr/articleshow/108979481.cms?from=mdr

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