KEC International Receives Order from GST Authority in Gujarat
KEC International Ltd. announced that it received an adjudication order from the GST Authority in Gujarat on March 24, 2026. The order pertains to an alleged disallowance of Goods and Services Tax (GST) input tax credit for non-compliance by suppliers for the fiscal year 2019-20.The GST Authority’s order includes a tax amount of Rs. 13,91,638 and a penalty of Rs. 13,91,638.
KEC International stated that it is reviewing the order and intends to pursue legal avenues to contest the demand. The company does not anticipate a material financial impact as a result of the order.
| Sr. No | Name of the authority | Nature and details of the action(s) taken or order(s) passed | Date of receipt of direction or order, including any ad- interim or interim orders, or any other communication from the authority | Details of the violation(s)/contravention(s) committed or alleged to be committed | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible. |
|---|---|---|---|---|---|
| 1 | GST Authority, Gujarat | Adjudication order passed by GST Authority | March 24, 2026 | Alleged dis-allowance of GST input tax credit for non- compliance by suppliers for FY 2019-20: Tax Amount - Rs. 13,91,638/- Penalty - Rs. 13,91,638/- | The Company is perusing the Order and will seek appropriate legal remedy in order to contest the demand. The Company does not foresee any material financial impact on account of the Order. |
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