Vedanta Limited — Others, 24-07-2025: Action(s) taken or orders passed

Vedanta Limited has received an order from the Assistant Commissioner, GST & Central Excise, Jharsuguda, imposing a penalty of Rs. 15,43,762 along with tax demand and applicable interest. This pertains to the availment and utilization of CENVAT credit during FY 2016-17. The company intends to appeal this order with the Appellate Authorities and is hopeful of a favorable outcome. Vedanta does not expect this order to have any material financial impact on the company.