ALPHA TRIBE

Bharti Airtel LimitedOthers, 22-01-2025: Action(s) taken or orders passed

22-01-2025 | 03:41 pm

Bharti Airtel Limited has received an order imposing a penalty of ₹7.68 crore under the Central Goods and Services Tax Act, related to alleged irregularities in input tax credits claimed for the financial years 2017-18 to 2021-22. The company disputes this order and plans to take appropriate action. Importantly, the management stated that this development will not materially impact its financial or operational activities. This situation may create a neutral impact on investor sentiment as the company asserts its position and readiness to challenge the ruling.

No comments yet. Be the first to comment!

All announcements from Bharti Airtel Limited