Vodafone Idea Share Price in Focus; Gets ₹79.56 Crore GST Demand Order on Alleged License Fee and Spectrum Charges for FY19

Vodafone Idea Ltd has received a goods and services tax (GST) penalty order amounting to ₹79.56 crore (₹79,56,43,907) from the Deputy Commissioner of State Tax, Andheri Division, Mumbai.  

As per the exchange filings, the order was issued under Section 74 of the Central Goods and Services Tax and Maharashtra GST Acts, 2017, and was received by the company on December 24, 2025. 

Basis of the Alleged Demand 

The demand relates to alleged additional licence fee and spectrum usage charges for the financial year 2018-19. The order confirms a penalty of ₹79.56 crore, along with tax demand and applicable interest.  

According to the filing, the alleged liability arises from the tax authority’s assessment of dues linked to telecom licence and spectrum-related payments for the period under review. 

Company’s Position on the Order 

Vodafone Idea stated that it does not agree with the penalty order. The company said it would take steps for rectification or reversal in accordance with applicable procedures.  

It also noted that the maximum financial exposure would be limited to the tax demand, explainable interest and penalty mentioned in the order. 

Additional GST Penalty from Bengaluru 

Separately, the company disclosed another GST order received from the Office of the Principal Commissioner of Central GST, Domlur, Bengaluru. This order confirms a penalty of ₹3.58 crore, along with demand and interest.  

The allegation in this case relates to short payment of tax and excess input tax credit claims covering FY2018–19 to FY2022-23. This order was also received on December 24, 2025. 

Section 74 and Potential Implications 

Both orders have been passed under Section 74 of the CGST Act, which deals with cases involving alleged wilful misstatement or suppression of facts.  

Orders under this section typically carry higher penalties compared with regular assessment cases, subject to adjudication and appeal outcomes. Vodafone Idea has indicated that it will pursue appropriate legal action against the orders. 

Read More: IRFC Share Price in Focus: Executes Landmark Refinancing for World Bank-Funded Dedicated Freight Corridor! 

Vodafone Idea Share Price Performance 

As of December 26, 2025, 10:52 am, Vodafone Idea share price was trading at ₹12.03, a 0.083% increase from the previous closing price. 

Conclusion 

The GST penalty orders add to Vodafone Idea’s existing tax-related matters for past assessment years. The company has flagged the monetary exposure but has maintained that it disputes the claims and will seek relief through available legal remedies. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.