KPIL Receives ₹6.76 Crore GST Penalty Order

Key Quantitative Figures

The GST Authority has demanded payment of a penalty amounting to ₹6.76 Crores.

Dates of Action

• Order Receipt Date: 28th October, 2026 at approximately 01:59 PM (IST)
• Disclosure Date: 29th October, 2026

Parties Involved

• Issuing Authority: GST Authority
• Recipient Company: Kalpataru Projects International Limited

Details of Violations/Allegations

The order alleges violations for the Financial Years 2018-19 and 2020-21 on the following grounds:

• Excess availment of Input Tax Credit (ITC)
• Mismatch in tax payment
• Short payment of tax under Reverse Charge Mechanism

Company's Response and Rationale

The company states it will file an appeal before the first Appellate Authority within prescribed timelines. The basis for appeal is that the order was issued "without considering the reply and documentary evidences submitted by the Company." The company believes it has "a strong case to defend the matter before the Appellate Authority."

Financial Impact Assessment

The disclosure explicitly states: "The same does not have any significant impact on the Company." The financial impact is quantified only for the penalty amount (₹6.76 Crores), with no additional quantification provided for potential tax or interest payments.