Vodafone Idea shares in focus on receiving Rs 638 crore GST order

Shares of telecom operator Vodafone Idea are expected to remain in the spotlight on Friday, January 2, after the telecom company disclosed that it had received a significant tax-related order from the Central Goods and Services Tax (CGST) authorities. The order, dated December 31, 2025, confirms a demand of Rs 637.9 crore, including penalty and interest.

The order was issued by the Office of the Additional Commissioner, CGST, Ahmedabad South, and pertains to allegations of short payment of tax and excess availment of input tax credit by the company.

The total demand raised amounts to Rs 6,37,90,68,254, and includes applicable interest and penalties.


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Vodafone Idea, in a regulatory filing, clarified that it does not agree with the contents of the order and intends to pursue appropriate legal action.

“Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of SEBI Listing Regulations, 2015, we submit the details of orders received by the Company under the Central Goods and Services Tax Act, 2017. The Company disagrees with the Order and will take appropriate legal action(s) against the same,” the company said in an exchange filing.

While the company did not provide a detailed breakdown of the financial implications, it confirmed that the maximum impact would be equivalent to the total amount of tax, penalty, and interest levied.

On Thursday, the shares of Vodafone Idea closed 8% higher at Rs 11.62 on the BSE.

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