New Delhi: New Delhi Television Ltd (NDTV) on Thursday informed stock exchanges that it has received scrutiny notices from GST authorities alleging wrongful availment and utilisation of excess input tax credit (ITC) and short payment of tax for two financial years, with a proposed aggregate liability of about ₹33.9 crore.
In a regulatory filing, the broadcaster said the notices, issued in Form GST ASMT-10 on January 7, 2026, pertain to FY 2022–23 and FY 2023–24 and have been issued by the Assistant Commissioner/GSTO, Ward 300 (E-Commerce), Zone 10, Delhi, under the Central, Delhi and Integrated GST Acts.
According to the disclosure, the proposed demand comprises approximately ₹13.69 crore for FY23 and about ₹20.25 crore for FY24, including tax, interest and penalty. NDTV clarified that the amounts mentioned in the notices are subject to adjudication and are not final.
“The Company is in the process of examining the allegations and the underlying documentation and shall take all appropriate legal and procedural steps in accordance with applicable law, including filing detailed responses within the prescribed timelines,” NDTV said in the filing.
Crucially, the company asserted that there is no immediate impact on its financial position, operations or other activities arising from the scrutiny notices, signalling that it does not expect any near-term cash outflow or disruption while the matter is under review.
GST scrutiny notices under Section 61 of the CGST Act are typically issued following a desk review of returns and filings, seeking explanations from taxpayers on perceived discrepancies. Such notices are a preliminary step and may not necessarily culminate in confirmed demands if the taxpayer’s response satisfactorily addresses the issues raised.
For media and digital companies, GST authorities have in recent years increased scrutiny around ITC claims, classification of services, and tax treatment of digital and e-commerce related revenues. Industry experts note that disputes often hinge on documentation, vendor compliance, and interpretation of eligibility of credits rather than outright tax evasion.
NDTV, now part of the Adani Group, has been rationalising operations and strengthening compliance processes since the change in ownership. The company’s assertion of “no immediate impact” suggests that it has either provided for such contingencies or believes it has a strong legal position.
The matter will now move into the response and adjudication phase, during which NDTV will submit explanations and supporting documents. Any final tax liability, if confirmed, would depend on the outcome of the adjudication and potential appellate proceedings thereafter.
Shares of NDTV were trading flat in early trade, with investors appearing to take comfort from the company’s statement that the notices do not have an immediate financial or operational impact.