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Informative

Vedanta Receives ₹141.36 Crore GST Demand Over Ineligible ITC Claims

Update / Judgement Date

10 Feb 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate ComplianceGST

Vedanta received a GST demand over ineligible Input Tax Credit (ITC) claims. The demand notice alleges that Vedanta availed ITC on ineligible inputs. This case highlights the complexities of GST regulations and the importance of accurate ITC claims. It emphasizes the need for businesses to maintain proper records and ensure compliance with GST rules to avoid penalties.