KEC International Receives GST Adjudication Order Worth Rs. 27.83 Lakh from Gujarat Authority
KEC International Limited disclosed receiving a GST adjudication order from Gujarat Authority on March 24, 2026, involving alleged input tax credit disallowance of Rs. 13,91,638/- plus equal penalty for FY 2019-20. The company plans to contest the total demand of Rs. 27,83,276/- through legal remedy and expects no material financial impact. The disclosure was made under SEBI Regulation 30 compliance requirements.

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KEC International Limited has informed stock exchanges about receiving an adjudication order from the GST Authority, Gujarat, as part of its regulatory disclosure obligations under SEBI guidelines.
Order Details and Timeline
The company received the GST adjudication order on March 24, 2026, and promptly disclosed the information to the National Stock Exchange of India Limited and BSE Limited on March 25, 2026. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Impact Assessment
The adjudication order involves alleged disallowance of GST input tax credit for non-compliance by suppliers during the financial year 2019-20. The financial implications of the order are detailed in the following breakdown:
| Component: | Amount (Rs.) |
|---|---|
| Tax Amount: | 13,91,638/- |
| Penalty: | 13,91,638/- |
| Total Demand: | 27,83,276/- |
Company's Response Strategy
KEC International has indicated that it is currently reviewing the order in detail to understand the full scope of the allegations. The company has announced its intention to seek appropriate legal remedy to contest the demand raised by the GST Authority.
The management has expressed confidence regarding the financial impact, stating that the company does not foresee any material financial impact on account of this order. This assessment suggests that the company believes it has strong grounds to challenge the adjudication order through proper legal channels.
Regulatory Compliance
The disclosure was made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Company Secretary and Compliance Officer Suraj Eksambekar signed the disclosure document, ensuring compliance with regulatory requirements for transparency in material developments affecting the company.
Historical Stock Returns for KEC International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.94% | -5.02% | -9.77% | -38.58% | -31.66% | +30.15% |
How might this GST adjudication order affect KEC International's future supplier selection and compliance monitoring processes?
What potential impact could similar GST scrutiny have on other infrastructure companies with complex supply chains?
Will KEC International need to set aside provisions for contingent liabilities while the legal challenge is pending?


































