Archive · 24 Jul 2025
Vedanta Faces Rs 15.4 Lakh Tax Penalty in Orissa, Appeals Decision
Vedanta, a company, was fined Rs 15.43 lakh by tax officials in Orissa for incorrectly using tax credits.
This happened because of a problem with taxes paid in 2016-17.
Vedanta plans to challenge the fine, hoping to win the appeal.
This is not the first time Vedanta has faced tax penalties; they have received fines previously from other regions as well.
In other news, Vedanta is also trying to get permission to start mining for iron ore in Karnataka.
Vedanta received a Rs 15.43 lakh penalty order from Orissa tax authorities.
The penalty relates to alleged misuse of Central Value Added Tax (CEVAT) credits in 2016-17.
Vedanta plans to appeal the penalty order, expecting a favorable outcome.
The company recently bid for the Janthakal Iron Ore Mine in Karnataka.
Previous penalties include Rs 1.8 crore from Coimbatore and Rs 146 crore from Vishakhapatanam.
- Who
- Vedanta and the Orissa tax authorities.
- What
- Vedanta received a Rs 15.43 lakh penalty order for misuse of tax credits.
- When
- The penalty order was issued on June 19 and received on July 23.
- Where
- Jharsuguda, Orissa.
- Why
- For the alleged wrong use of Central Value Added Tax (CEVAT) credits.
Vedanta
Orissa Tax Authorities
Penalty Dispute
Vedanta
Vedanta is appealing the penalty order and anticipates a favorable outcome.
Orissa Tax Authorities
The Orissa tax authorities issued a penalty order against Vedanta for misuse of tax credits.
- Penalty Amount
- Rs 15.43 lakh
- Issuing Authority
- Assistant Commissioner, GST & Central Excise, Jharsuguda, Orissa
- Issue Date
- June 19
- Received Date
- July 23
- Related Period
- Fiscal Year 2016-17
- Action
- Vedanta plans to appeal
- Iron Ore Mine
- Janthakal, Karnataka