Kalpataru Projects Pays ₹10.46 Lakhs Penalty to GST Authority

Kalpataru Projects International Ltd has paid a penalty of INR 10.46 lakhs to the GST Authority on July 29, 2026, to secure the release of a detained vehicle and goods. The vehicle was carrying goods between project sites and was detained for alleged lack of valid documents. The company has submitted clarifications and intends to file an appeal against the GST Authority's actions. The company stated that this penalty does not have a significant impact on its financial or operational activities.