ScoutQuest1 Oct 2026
KEI Industries517569GST violation notice

Receives GST demand order: Rs. 8,55,352 tax, Rs. 8,55,352 penalty, plus applicable interest

GST demand order received from Central GST, Ahmedabad South.

GST tax demanded
Rs. 8,55,352/-
Penalty
Rs. 8,55,352/-
Interest
plus applicable interest
Alleged period
non-payment of tax on unbilled revenue, FY 2022-23
Issuing authority
Central GST, Ahmedabad South

What the company has disclosed

The company has received a demand order from the Office of Superintendent, Range-IV, Division-IV, Central GST, Ahmedabad South. The order concerns non-payment of tax on unbilled revenue during the financial year 2022-23.

The numbers in the order

The tax and the penalty are equal in amount, and interest is over and above these two.

What the company says

Based on its own assessment, the company states the demand is not maintainable. It says it is evaluating all options, including update an appeal against the demand order. The company also states it does not envisage any relevant impact on its financials, operations or other activities.

What a GST demand order means, in simple terms

A GST demand order is issued by a tax authority when it believes tax was not paid on a transaction or a revenue item, in this case unbilled revenue. Along with the tax, such an order can carry interest and a penalty.

Receiving the order does not by itself mean the amount has been accepted as payable; a company can challenge it before the appellate authority. The position stated by the company here is that it disputes the demand and may appeal.

What to watch from here

Note: the figures above are the amounts as stated in the disclosure, and the company's stated view on impact is its own assessment.

More numbers
  • Tax demanded under the GST orderRs. 8,55,352/-
  • Penalty levied under the GST orderRs. 8,55,352/-
Source: BSE · 1 Oct 2026

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