KPILKalpataru Projects International Limited
Kalpataru Projects International receives GST order with ₹1.05 crore penalty and plans to appeal
- Legal
- Infrastructure
Kalpataru Projects International Limited has told the exchanges on 9 Oct 2026 that it received an order under Section 74 of the Central Goods and Services Tax Act, 2017 from the GST Authority on 9 Oct 2026 at about 3:58 PM. The authority has demanded tax, interest and a penalty for the financial year 2021-22 on alleged grounds of excess availment of input tax credit, with the penalty stated as ₹1.05 crore.
The company says it has a strong case, because the order was issued without considering the reply and documents it submitted, and that it will appeal to the Appellate Authority within the prescribed time.
Inference
An appeal is available, so the demand is not final. The filing quotes the penalty of ₹1.05 crore but, in the part reviewed here, does not give the amount of tax and interest, so the full financial exposure is not stated.
Reference: Original filing (PDF)
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