Voltas Ltd has received complete relief from the Maharashtra GST authority, which has dropped a show-cause notice seeking to demand ₹15.43 crore in tax, along with interest and penalty of ₹14.79 crore, over alleged wrongful availment of input tax credit and short payment of tax for the financial year 2022-23.
In a regulatory filing dated October 12, the company said the Office of the Deputy Commissioner of State Tax, Andheri East, Mumbai, accepted its submissions and dropped the notice through an order dated October 9, 2026.
The show-cause notice, dated September 18, 2026, was issued under the Central Goods and Services Tax Act, 2017, read with the Maharashtra Goods and Services Tax Act, 2017, and the Integrated Goods and Services Tax Act, 2017.
Voltas had informed the stock exchanges about receiving the notice on September 21, 2026.
The company said it received the order after office hours on October 9 and made the regulatory disclosure on October 12, the first working day after receipt of the order.
