
Vodafone Idea has received a Goods and Services Tax (GST) penalty order of Rs 637.90 crore for alleged short payment of tax and excess availment of Input Tax Credit. The company stated it disagrees with the order and will pursue legal action. This comes shortly after reports of the Union Cabinet approving a relief package for the telco, including freezing Adjusted Gross Revenue (AGR) dues at Rs 87,695 crore and granting a five-year moratorium, with payments potentially extended to FY36-FY41.
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