Taliban-led Afghanistan govt serves Kalpataru Projects tax notice of more than Rs 1 crore
Kalpataru Projects International Ltd has been served a tax notice by Afghanistan's government for missing declarations for the years 2020-21 and 2021-22. The notice demands AFN 8,952,704 in taxes and fines. Additionally, the company received a GST...
The company’s branch office, through its consultant, received tax challans from the Ministry of Finance, Afghanistan Revenue Department, demanding payment of tax liability, additional tax, and fines, according to .
The notice, received on August 26, specifies a tax liability of AFN 8,774,153 (approximately Rs 104.59 lakh), an additional tax of AFN 12,150 (Rs 0.14 lakh), and a fine of AFN 166,401 (Rs 1.98 lakh). Kalpataru Projects International anticipates that the Ministry of Finance may waive the additional tax and fines once the primary tax liability is settled.
In addition to the notice from Afghanistan, the company recently received a tax demand from the GST authority in India. The Indian authority has demanded a tax payment of Rs 10.50 lakh, along with a penalty of Rs 1.50 lakh and applicable interest.
Kalpataru Projects International Ltd is an EPC (engineering, procurement, and construction) major, specializing in sectors such as power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility, highways, and airports.
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