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GST additional commissioner's office in Chandigarh has imposed a Rs 13.16 crore penalty on Vodafone Idea, the company said in a regulatory filing on Thursday. According to the filing, the order was passed on January 10 against the debt-ridden telecom firm for alleged "wrongful transition of CENVAT credit to Goods and Services Tax (GST) regime". "Order passed u/s 74 of Central Goods and Services Tax Act, 2017, inter-alia, levying a penalty of Rs 13,16,53,661," Vodafone Idea (VIL) said in the filing. The company said the maximum financial impact is to the extent of the tax demand, interest and penalty levied. "The Company does not agree with the Order and will take appropriate legal action(s) for rectification/ reversal of the same," VIL said. The order was issued by the Office of the Additional Commissioner, Central Goods & Service Tax in Chandigarh.
The West Bengal government has kept in abeyance the order that reduced the "intrastate e-way bill" threshold limit from Rs 1 lakh to Rs 50,000, effective from December 1, a top official said on Thursday. It was done "in the public interest" after representations from stakeholders highlighting some issues related to e-waybills, state GST Commissioner Khalid Anwar said. The mid-November notification that lowered the threshold has been "put in abeyance till further notice with retrospective effect," Anwar told PTI. "Therefore, the limit for intra-state movement remains at Rs 1 lakh With the earlier notification being kept in abeyance, no e-waybill requirement will be there for job work within the state," he said. The move to cut the intrastate e-way bill threshold from Rs 1 lakh to Rs 50,000 was intended to align it with the national standard and prevent GST slippage. The state government had also aimed to achieve parity with the rest of the country (where the threshold for interstat