Orissa HC directs Vedanta to Respond to ₹8.02 Cr GST ITC SCN

Vedanta Ltd. Vs Union of India and others (Orissa High Court) The Orissa High Court has directed Vedanta Ltd. to respond to a show-cause notice (SCN) issued by tax authorities regarding an ₹8.02 crore Input Tax Credit (ITC) dispute for the GST period from July 2017 to March 2018. The discrepancy between Vedanta’s accounts and its GST annual return was first identified by Vedanta itself and later flagged in a Comptroller and Auditor General (CAG) audit. Despite an explanation provided to tax authorities, the case remained pending, and a show-cause notice was issued on 5th August 2024, i...