The troubled telco, in a BSE filing, stated that the contravention related to the 'alleged wrong transition of CENVAT credit into GST regime'.

"The company does not agree with the order and will take appropriate action(s) for rectification/ reversal of the same," Vodafone Idea said in the filing.

Mentioning the details, VIL said that it received an order on 3 January under the Central Goods and Services Tax Act, 2017, entailing a levy of a penalty of ₹10,76,56,733.

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VI loses customers:

In the latest data, released by the Telecom Authority of India, Vodafone Idea lost 20.44 lakh wireless users in October.

The subscriber losses of Vodafone Idea Ltd (VIL) dragged its wireless user base to 22.54 crore in October, the data revealed. Cash-strapped VIL has been battling fundraising woes and subscriber losses.

VI's senior executive P Balaji resigns:

Among other details, VI on 3 January said that its chief regulatory and corporate affairs officer P Balaji has resigned and will cease to be a senior management personnel of the company with effect from January 10, 2024.

In his resignation letter, which was shared by the company as part of the filing, Balaji wrote: "I appreciate the opportunity given to me by Vodafone Idea to serve for over 9 years and am proud of the work we have done together to help transform the company".

Balaji further said at this point in his life he is eager to pursue personal and professional goals outside of VIL.

"I would like to resign from the services of the company with immediate effect. I shall be grateful if the company releases me from my responsibilities at the earliest and waives the contractual notice period obligation," he said.