5447842026-08-085447842026-08-08ActionsTakenOrOrdersPassedDomain15447842026-08-08ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain15447842026-08-08SignatoriesDomain1iso4217:INRxbrli:pureVISLVEDANTA IRON AND STEEL LIMITED544784NOTLISTEDINE1CLE01013NewAction(s) taken or orders passed (sub-para 20)false2026-08-0716:04:002026-08-08Imposition of fine or penaltyStatutory AuthorityOffice of the Principal Commissioner, Central Goods and Services Tax & Central Excise, Ranchi1SubsidaryESL Steel LimitedIntimation in Form GST DRC-01A under Section 73(5)/Section 74(5) of the Central Goods and Services Tax Act, 2017The Central Tax Department of Ranchi has issued the said intimation in form GST DRC-01A on account of alleged excess availment and utilization of Input Tax Credit (ITC) on imports of goods during the FY 2020-21 to FY 2022-23.2026-08-07As per the intimation, the Department has alleged that ESL has availed and utilized excess Input Tax Credit (ITC) on import of goods to the tune of Rs. 51,23,19,275/- (IGST -Rs. 6,73,39,655/-, CESS -Rs. 44,49,79,620/-) (Fifty-One Crore Twenty-Three Lakh Nineteen Thousand Two Hundred and Seventy-Five Only) during the F.Y. 2020-21 to 2022-23 by contravening the relevant provisions of the Central Goods & Service Tax Act, 2017 read with the IGST Act, 2017 and read with GST (Compensation to States) Act, 2017.F.Y. 2020-21 to 2022-23No material impact on the financial, operations and/ or other activities of the Company due to the said intimation.As per the intimation, the Department has alleged that ESL has availed and utilized excess Input Tax Credit (ITC) on import of goods to the tune of Rs. 51,23,19,275/- (IGST -Rs. 6,73,39,655/-, CESS -Rs. 44,49,79,620/-) (Fifty-One Crore Twenty-Three Lakh Nineteen Thousand Two Hundred and Seventy-Five Only) during the F.Y. 2020-21 to 2022-23 by contravening the relevant provisions of the Central Goods & Service Tax Act, 2017 read with the IGST Act, 2017 and read with GST (Compensation to States) Act, 2017.512319275As per the intimation, the Department has alleged that ESL has availed and utilized excess Input Tax Credit (ITC) on import of goods to the tune of Rs. 51,23,19,275/- (IGST -Rs. 6,73,39,655/-, CESS -Rs. 44,49,79,620/-) (Fifty-One Crore Twenty-Three Lakh Nineteen Thousand Two Hundred and Seventy-Five Only) during the F.Y. 2020-21 to 2022-23 by contravening the relevant provisions of the Central Goods & Service Tax Act, 2017 read with the IGST Act, 2017 and read with GST (Compensation to States) Act, 2017.Not ApplicableESL is evaluating appropriate legal remedy against the said intimation and shall take appropriate steps in accordance with applicable laws within the prescribed timelines.Tina LakhaniCompany Secretary and Compliance Officer2026-08-08Panaji, Goa