Tata Power Receives ₹2.40 Lakh GST Penalty from UP Tax Authorities
Tata Power has received a Rs. 2.40 lakh GST penalty from the Uttar Pradesh tax department for document discrepancies during goods transport.
Tata Power Company Limited has informed the stock exchanges that it has received a penalty order from the Deputy Commissioner of State Tax in Uttar Pradesh. The penalty of around Rs. 2.40 lakh was issued due to issues found in the documents accompanying goods that were being transported.
According to the official filing, the penalty was imposed under Section 129(3) of the Integrated Goods and Services Tax (IGST) Act. The notice was received by the company on July 9, 2025.
The company stated that the penalty is related to certain discrepancies in the transport documents. Such discrepancies typically involve missing or incorrect details in invoices or e-way bills that are required under GST rules when goods are moved from one place to another.
The Deputy Commissioner of State Tax issued the penalty after detaining the goods during transport, as permitted under the law. Tata Power has confirmed that the issue has no material impact on its financial position, operations, or any other business activities.
The disclosure was made in line with SEBI’s circular dated November 11, 2024, which requires companies to report certain types of regulatory actions, penalties, or legal proceedings. In its filing, the cTata Power has received a Rs. 2.40 lakh GST penalty from the Uttar Pradesh tax department for document discrepancies during goods transport.ompany said that there is no material impact of the same on the financial, operations, or other activities of the Company.
About Tata Power
Tata Power Company Limited is one of India’s largest integrated power companies. It operates across the entire power value chain generation (thermal, hydro, solar, and wind), transmission, distribution, and trading. With a strong presence in clean and renewable energy, Tata Power has been expanding into electric vehicle charging, solar rooftops, and smart grid solutions.
In the financial year 2024-25 (FY2025), Tata Power reported a robust performance with a revenue of approximately Rs. 61,000 crore, marking a 12% increase compared to the previous year. The company’s net profit rose to Rs. 4,100 crore, up from Rs. 3,570 crore in FY2024, reflecting strong operational efficiency and growth across key business segments. EBITDA also saw a healthy rise of 14%, supported primarily by the company’s expanding presence in the renewables and transmission sectors. Backed by these strong results, the Board recommended a dividend of Rs. 2.00 per share for FY2025.
Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates
