In this paper, we proposed AI-based audio coding using MFCC features in an adversarial setting. We combined a conventional encoder with an adversarial learning decoder to better reconstruct the original waveform. Since GAN gives implicit density estimation, therefore, such models are less prone to overfitting. We compared our work with five well-known codecs namely AAC, AC3, Opus, Vorbis, and Speex, performing on bitrates from 2kbps to 128kbps. MFCCGAN_36k achieved the state-of-the-art result in terms of SNR despite a lower bitrate in comparison to AC3_128k, AAC_112k, Vorbis_48k, Opus_48k, and Speex_48K. On the other hand, MFCCGAN_13k also achieved high SNR=27 which is equal to that of AC3_128k, and AAC_112k while having a significantly lower bitrate (13 kbps). MFCCGAN_36k achieved higher NISQA-MOS results compared to AAC_48k while having a 20% lower bitrate. Furthermore, MFCCGAN_13k obtained NISQAMOS= 3.9 which is much higher than AAC_24k, AAC_32k, AC3_32k, and AAC_48k. For future work, we finally suggest adopting loss functions optimizing intelligibility and perceptual metrics in the MFCCGAN structure to improve quality and intelligibility simultaneously.