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Vedanta Iron and Steel's subsidiary, ESL Steel Limited, received compounding orders for non-compliance with Section 134(3)(f) of the Companies Act. Total compounding fees of ₹0.06 Crore were paid for FY 2018-19 and FY 2019-20.
Vedanta Iron And Steel Limited's subsidiary, ESL Steel Limited, received compounding orders from the Ministry of Corporate Affairs. The orders address non-compliance with Section 134(3)(f) for fiscal years 2018-19 and 2019-20.
Vedanta Iron And Steel's subsidiary ESL Steel received a GST Demand-cum-Show Cause Notice of ₹11.77 Crore. The company expects no significant financial or operational impact.
VISL's subsidiary ESL Steel received a GST demand notice for ₹0.03 Crore IGST shortfall for FY 2022-23. No material financial or operational impact is envisaged.
VISL subsidiary ESL Steel received a GST demand-cum-show cause notice for alleged RCM short payment of ₹7,77,094 for FY 2022-23. The company states no significant financial or operational impact is expected.
Vedanta Iron and Steel announced that its subsidiary, ESL Steel, received an adjudication order regarding historical compliance. ESL is exempted from paying any penalty.
SRL, a VISL subsidiary, received a ₹1,97,971 RPFC Goa surcharge for FY 2022-24 investment deviation. No material impact is envisaged; legal remedies are being explored.
Vedanta Iron and Steel Limited received an order from the Regional Provident Fund Commissioner, Goa, levying a surcharge of ₹0.28 Crore. The penalty pertains to deviations from investment patterns.
Vedanta Iron And Steel's subsidiary ESL Steel Limited received a GST demand-cum-show cause notice for Rs.6.73 Crore. The disputed amount was reduced from an earlier Rs.51.23 Crore.
Vedanta Iron and Steel Limited's subsidiary received a GST demand notice for ₹39.58 Crore. The notice alleges wrongful Input Tax Credit utilization from FY 2020-21 to 2022-23.
Vedanta Iron And Steel Ltd reported a GST demand-cum-show cause notice issued to its subsidiary, ESL Steel Limited. The notice alleges short payments during FY 2020-23.
ESL Steel Ltd, a subsidiary of Vedanta Iron and Steel, received an adjudication order regarding past non-compliance. The company is exempted from the penalty under IBC.
Vedanta Iron and Steel's subsidiary ESL Steel received a GST Demand-cum-Show Cause Notice for Rs. 15.74 Crore. The company is currently evaluating its legal remedies.
Vedanta Iron And Steel Limited's subsidiary, ESL Steel Limited, received a ₹39.58 Crore tax liability proposal from GST authorities. The notice alleges short reversal of input tax credit.