NTPC Limited has received four orders from the GST Authorities of different states for payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall file appeals before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timeline except in one case wherein the corporation has decided to pay the demand in full. There is no material impact on the financials, operations or other activities of the Corporation due to the above mentioned order. Details: State: Chattisgarh, Section under which notice is passed: Section 73(9) of CGST/Chattisgarh GST Act 2017. Order date is April 29, 2024. Passing Authority: Joint Commissioner of Sate Tax,
Raipur-7,Division-2, Chattisgarh. Period: April 1, 2018 to March 31, 2019. Details of violation(s) committed or alleged to be committed: Tax not paid and short paid, Name and details of the action taken: Demand for Tax, applicable Interest and Penalty has been raised by the authority. Tax: INR 141,574. Interest: 309,974. Penalty: INR 40,000. Total: INR 491,548. Date of communication received: April 29, 2024. Remarks: Corporation will file an appeal with the 1st appeallate authority; State: AP, Section under which notice is passed: Section 73 of CGST/AP GST Act 2017. Order date is April 23, 2024. Passing Authority: Deputy Commissioner, STU-3, Begumpet, Hyderabad. Period: April 1, 2018 to March 31, 2019. Details of violation(s) committed or alleged to be committed: Unreconciled ITC. Name and details of the action taken: Demand for Tax and Penalty has been raised by the authority. Tax: INR 36,168. Penalty: INR 20,000. Total: INR 56,168. Date of communication received: April 23, 2024. Remarks: Corporation will pay fully the demand; State: Bihar, Section under which notice is passed: Section 73 of CGST/Bihar GST Act 2017. Order date is April 29, 2024. Passing Authority: Assisstant Commissioner, CGST & Central Excise, Patna Central Division, Patna. Period: April 1, 2018 to March 31, 2019. Details of violation(s) committed or alleged to be committed: ITC on coal divert out without receipt of goods. Name and details of the action taken: Demand for Tax and Penalty has been raised by the authority. Tax: INR 8,332,754. Penalty: INR 833,275. Total: INR 9,166,029. Date of communication received: April 30, 2024. Remarks: Corporation will file an appeal;with the 1st appeallate authority and State: Bihar, Section under which notice is passed: Section 73 of CGST/Bihar GST Act 2017. Order date is April 23, 2024. Passing Authority: Assisstant Commissioner, CGST & Central Excise, Patna Central Division, Patna. Period: April 1, 2018 to March 31, 2019. Details of violation(s) committed or alleged to be committed: ITC on coal divert out without recording in books. Name and details of the action taken: Demand for Tax and Penalty has been raised by the authority. Tax: INR 19,985,332. Penalty: INR 1,998,332. Total: INR 21,983,664. Date of communication received: April 30, 2024. Remarks: Corporation will file an appeal;with the 1st appeallate authority.