GST show cause notice to wholly owned subsidiary Keerti Institute
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G-TEC Jainx Education's wholly owned subsidiary Keerti Institute India (KIIPL) received a GST show cause notice dated September 24, 2026 from the Maharashtra state tax audit office. The notice covers FY23 (April 2022 to March 2023) and flags discrepancies in outward supplies, reimbursements, advances, reverse charge liability, input tax credit, and other GST matters. KIIPL is reviewing the notice and will take appropriate legal steps.
Limited near-term impact unless a material tax demand follows; subsidiary is examining the notice and will respond as per law.