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Vodafone Idea Faces ₹83 Crore GST Orders, Prepares Legal Challenge
Vodafone Idea received GST penalty orders worth over ₹83 crore from Mumbai and Bengaluru authorities and plans legal action, keeping the stock in investor focus.
Shares of are expected to remain in focus after the company disclosed receiving GST penalty orders exceeding ₹83 crore from tax authorities. In a regulatory filing, the telecom operator said the Deputy Commissioner of State Tax in Mumbai levied a ₹79.56 crore penalty linked to alleged additional dues on licence fees and spectrum usage charges for FY19.