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Kotak Mahindra Bank has received a GST order imposing a total liability of ₹7.16 crore due to alleged non-payment of GST on reimbursements for operational expenses of its overseas representative office. The bank plans to appeal the order, believing it has sufficient grounds for its case. The financial impact is confined to the amount specified in the order, indicating that while some risk exists, the potential adverse effect on the bank's overall financial health appears manageable. Investors should monitor the situation for further developments.