GE Vernova T&D India Limited — Others, 25-06-2025: Action(s) taken or orders passed

GE Vernova T&D India has announced a settlement concerning excess Input Tax Credit claimed in FY 2019-20 under the Odisha GST Act. The company paid Rs. 2.93 lakh as tax and obtained a waiver on interest and penalties totaling Rs. 2.59 lakh under the GST Amnesty Scheme. This settlement has no material impact on the company’s financials or operations, limiting its effect to the settled amount. This resolution clears previous tax-related uncertainties, ensuring smoother compliance moving forward.