Kolte-Patil Developers received Show Cause Notices for an alleged GST liability of ₹103.82 Cr (including interest/penalties), related to TDR and redevelopment projects.

Kolte - Patil Developers LimitedKOLTEPATIL · Filed with the exchange

An incremental penalty of ₹39.40 Cr raises the total penalty to ₹46.36 Cr.

The company views the demand as erroneous and plans legal action, expecting no material financial impact.

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