KNR Constructions Under GST Scanner, Appeals ₹5.37 Crore Notice

KNR Constructions Limited has disclosed receipt of a demand order from the Office of the Commissioner of Central Tax and Customs (Appeals), Guntur, dated December 24, 2025. The order demands a total amount of ₹5,36,71,475, stemming from several alleged violations related to GST compliance. These include excess input tax credit (ITC) claims, delayed filing of returns, and ineligible ITC due to supplier non-compliance. The company has indicated that it will file an appeal with the Goods and Services Tax Appellate Tribunal (GSTAT), citing strong grounds for contesting the demand. At this stage, the precise financial and operational impact remains uncertain pending the outcome of the appeal process.  

 

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Source: BSE Corporate Announcements, InvestyWise, Moneycontrol