Voltas Limited announced that the Company has received an Order-in-Original from the Office of the Superintendent, Central GST & Central Excise, Range-V, Division-VI, Daman Commissionerate disallowing Input Service Distributor (ISD) Credit of INR 7,48,592/- and levying penalty of INR 74,859/- (10%) under Section 73 of the Central Goods and Services Tax Act, 2017. The Company is in the process of filing an appeal against the said Order. Details of the violation(s)/contravention(s) committed or alleged to be committed: Penalty of INR 74,859/- has been imposed for mismatch in ISD credit claimed in GSTR-3B and ISD credit available in GSTR-2A.