Vi receives Rs. 73 Crore GST Demand from Multiple GST Offices

The highest demand was issued by Assistant Commissioner, Large Taxpayer Unit of West Bengal of Rs. 33,44,72,827

Vodafone Idea ( Vi ), one of India’s leading telecommunications companies, has been served with a cumulative Goods and Services Tax ( GST ) demand totaling Rs. 73 crores from nine different GST offices across the country. The demands arise from various allegations, including the excess availment of input tax credit ( ITC ) and the short payment of taxes for the financial year 2019-20. The company disclosed these demands in a regulatory filing, where it also stated its disagreement with the claims. Vi has announced its intention to challenge the orders. “The Company does not agree with the Order and will take appropriate action(s) for rectification/reversal of the same,” Vi stated. Get a Copy of GST on Real Estate & Works Contracts, Click here The Commercial Tax Officer, Ward No. 7, issued a demand order under Section 73 of the Central Goods and Services Tax Act, 2017, including a penalty of Rs. 4,211, along with applicable interest. The demand is based on allegations of excess ITC availment for FY 2019-20. The Deputy Commissioner, Regional GST Audit and Enforcement Office of Andhra Pradesh issued a demand order under Section 73 of the CGST Act, confirming a penalty of Rs. 1,57,16,151, plus interest. This relates to excess ITC availment for FY 2019-20. The Assistant Commissioner, Sholinganallur, Chennai South, issued a demand under Section 73 of the CGST Act, confirming a penalty of Rs. 10,99,842, plus applicable tax and interest. The allegations involve short payment of tax and excess ITC claims for FY 2019-20. Get a Copy of GST on Real Estate & Works Contracts, Click here The Joint Commissioner of State Tax, Bhubaneswar III Circle of Odisha issued a demand under Section 73 of the CGST Act, including a penalty of Rs. 9,51,670, plus interest, for alleged excess ITC claims. The Assistant Commissioner, Large Taxpayer Unit of West Bengal issued a demand under Section 73 of the CGST Act, confirming a substantial penalty of Rs. 33,44,72,827, plus tax and interest. The demand pertains to allegations of short-paid tax on outward supplies and excess ITC availed. The Joint Commissioner, CGST & C. Excise, Patna-1, issued a demand under Section 73 of the CGST Act, confirming a penalty of Rs. 10,94,54,584, plus interest, related to excess ITC availment and short payment of tax for FY 2019-20. Get a Copy of GST on Real Estate & Works Contracts, Click here The Joint Commissioner, CGST & Service Tax, Noida, issued a demand under Section 73 of the CGST Act, with a penalty of Rs. 26,89,94,489, plus interest, based on allegations of excess ITC availment and short-paid tax for FY 2019-20. The Assistant Commissioner, State Taxes and Excise, Shimla, issued two separate demands under Section 73 of the CGST Act. The first order includes a penalty of Rs. 50,000 for alleged short-paid tax, while the second order includes a penalty of Rs. 36,000 for alleged excess ITC availment. Both orders include no additional tax or interest demand

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