Vedanta Limited announced that it received order from the Office of the Commercial Tax Goa Rajya Kar Bhavan, Old IPHB Complex, Panaji, Goa. The Company has received an Order from the Office of the Commercial Tax, Panaji Ward for payment of Green Cess on Purchase of Coal, Oil, Lubricants, Petroleum Products etc. in accordance with Goa Cess on products and Substances causing Pollution (Green Cess) Act, 2013 confirming penalty of INR 1,02,000 pertaining to Fiscal Year 2020-21.

Note: Since the introduction of the levy of Green Cess in 2013, the applicability of this levy has remained in dispute resulting in several Writ Petitions being filed in High Court by many Companies. The matter is now pending in the Supreme Court for the final decision. The Company is in the process of evaluating the next course of action to be adopted in this matter.

The Company does not expect the said Order to have any material financial impact.