KPILKalpataru Projects International Ltd.

Kalpataru Projects International faces ₹6.76 crore GST penalty order

Legal
Engineering and infrastructure

Blacklitt Research29 October 20262 min read

High-voltage transmission towers with power lines strung across them against a dusk sky. — Claudio Saraceno, via Wikimedia Commons (CC0). Illustrative image.

Kalpataru Projects International (NSE: KPIL) has received a GST order demanding a penalty of ₹6.76 crore, it said in a filing on 29 Oct 2026. The order covers Financial Years 2018-19 and 2020-21 and was received on 28 Oct 2026.

What the order covers

The GST Authority issued the order under Section 73 of the Central Goods and Services Tax Act, 2017 and the rules made under it. It demands tax, interest and penalty for Financial Years 2018-19 and 2020-21.

The grounds cited are excess availment of input tax credit, mismatch in tax payment, and short payment of tax under the reverse charge mechanism. The penalty alone is ₹6.76 crore.

The company's response

The company says the order was issued without considering its reply and documentary evidence, and that it has a strong case to defend the matter. It will file an appeal before the first Appellate Authority within the prescribed timelines.

The company says the penalty does not have any significant impact on it.

What the GST order means for Kalpataru Projects International's shareholders

The order is a demand against the company, and the company will contest it. The company says the penalty is not significant to its operations, and the filing gives no monetary impact on its results beyond that statement.

Not stated: the total tax and interest demanded alongside the penalty, and the date by which the appeal must be filed. The next step is the appeal to the first Appellate Authority.

At a glance

Item	Detail
Authority	GST Authority
Order received	28 Oct 2026
Filing date	29 Oct 2026
Financial Years	2018-19 and 2020-21
Penalty demanded	₹6.76 crore
Next step	Appeal before the first Appellate Authority

Reference: Original filing (PDF)

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