New Delhi, February 5, 2025 – Bharti Airtel Limited (NSE: BHARTIARTL, BSE: 532454) has received penalty orders under Section 74 of the Central Goods and Services Tax (CGST) Act, 2017, amounting to ₹10.37 crore. The company has stated that it does not agree with these orders and intends to take appropriate legal action.
Regulatory Orders and Penalty Details
According to Bharti Airtel’s regulatory filing, the Office of the Commissioner of Central Goods and Services Tax, Mumbai West, has issued two separate penalty orders citing alleged irregular input tax credit (ITC) claims spanning the financial years 2017-18 to 2021-22.| Order Details | Penalty Amount |
|---|---|
| Order received at IST 1306 hrs on Feb 4, 2025 | ₹2,77,20,161 |
| Order received at IST 1905 hrs on Feb 4, 2025 | ₹7,59,93,462 |
| Total Penalty | ₹10,37,13,623 |
Company’s Response and Financial Impact
Bharti Airtel has maintained that the orders pertain to alleged ITC irregularities and has stated that there will be no material impact on its financial, operational, or other activities. The company reiterated that it intends to contest the penalties through appropriate legal channels.This development follows a broader regulatory scrutiny on ITC claims by corporate entities under the GST framework, where authorities are taking strict actions on alleged tax discrepancies. Investors and stakeholders will closely monitor Bharti Airtel’s legal approach in response to these orders.