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Kirloskar Electric Company Limited reportedly received a GST show-cause notice seeking ₹12,56,693 for the April 2022–March 2023 audit period. The amount—₹12.57 lakh when rounded—comprises ₹7,61,000 in tax and ₹4,95,693 in interest. The notice records allegations, not a final adjudicated liability.
What is the reported demand?
A September 30, 2026 report by Scanx says the total demand is ₹12,56,693. Its components add up to that amount: ₹7,61,000 in tax plus ₹4,95,693 in interest. The figure is rounded to ₹12.57 lakh in the headline. Scanx’s report
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What period and notice does it concern?
According to the report, the matter concerns an audit period from April 2022 through March 2023, or FY 2022–23. It says Kirloskar Electric received the notice on September 29, 2026. The report describes it as a Form DRC-01 show-cause notice issued by the Deputy Commissioner of Commercial Taxes (Audit)-6.4, under Section 73(1) of the KGST/CGST framework read with the IGST Acts 2017. These procedural details are reported by Scanx; the underlying notice was not independently available for review.
What does the notice allege?
Scanx reports that the notice concerns alleged reduction of outward tax liability, excess claims, and reversible input tax credit (ITC). These are allegations raised at the show-cause stage; the reported notice does not establish that the company violated tax rules or that the full demand has been finally upheld.
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What has Kirloskar Electric said?
The report says the company stated the matter would have no material impact on its financial or operational activity apart from the demand and that it was exploring options to contest it. That is the reported position; no later response or disposition is established by the cited report.
What is not yet known?
The available account does not establish whether Kirloskar Electric filed a reply, contested the notice, paid any amount, or received a final order. Nor was the primary exchange disclosure or the notice itself located for independent confirmation. A show-cause notice is a procedural step, so the reported demand should not be treated as a resolved or finally payable liability.
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Kirloskar Electric Company Limited is listed as KECL on the NSE and as scrip code 533193 on the BSE. Its ISIN is INE134B01017. The NSE-hosted filing confirming those identifiers relates to company identity, not to this notice. NSE filing
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