NTPC Limited announced that it received an order from the Assistant Commissioner, Alandur, South-III, Chennai, South of Tamil Nadu state, for the payment of Tax, Interest and penalty under Goods and Service Tax laws. The corporation shall partly pay the demand and for remaining amount will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said order within the prescribed timeline. Details of violation(s) committed or alleged to be committed: ITC reversal for vehicle hiring (in fact repairing of vehicle) and works contract (in fact rent and maintenance of office building) service. Tax: INR 211,354. Interest: INR 191,572. Penalty is INR 21,136. Total amount is INR 424,062. Corporation will pay INR 5,960
and for remining demand file an appeal with the 1st appeallate authority. Date of communication received is May 1, 2024.