Legal18 Jun 2026, 11:32 am
Kalpataru Subsidiary Files GST Appeals for ₹443 Cr Demand
AI Summary
Kalpataru Properties (Thane) Ltd, a wholly owned subsidiary of Kalpataru Ltd, has filed appeals with the GST Appellate Tribunal. These appeals are against orders from the Deputy Commissioner of State Tax and Additional Commissioner, dated January 30, 2026, and August 18, 2025, respectively. The demands total ₹396.49 lacs and ₹46.69 lacs for FY 2017-18, related to wrongly availed transitional credit on inputs for property construction. KPTL is optimistic about a favorable outcome.
Key Highlights
- Subsidiary filed GST appeals against ₹443.18 lacs demand.
- Appeals relate to FY 2017-18 transitional credit on inputs.
- KPTL is hopeful for a favorable outcome from the tribunal.
- Filing made on June 17, 2026, with GST Appellate Tribunal.
Price Impact
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