Aditya Birla Real Estate Limited Receives GST Demand Notice from Uttarakhand Tax Authority
Aditya Birla Real Estate Limited has received a demand for Goods and Services Tax (GST) liability and associated penalty from the Additional Commissioner, Central Goods & Service Tax, Dehradun, Uttarakhand. The notice pertains to the disallowance of Input Tax Credit availed by the Company concerning goods and services related to the Company's residential colony, exempt supply, and rent of immovable property.The details of the action and the specifics of the tax demand are summarized below.
| Detail Category | Information Provided |
|---|---|
| Authority Name | Additional Commissioner, Central Goods & Service Tax, Dehradun, Uttarakhand |
| Nature of Action | Order in Original confirming a demand of tax amounting to approximately Rs.95 lakhs and penalty of Rs.73.65 lakhs |
| Order Receipt Date | Order dated 29th March, 2026, received via email on 31st March, 2026, at 01.35 P.M., with a physical copy received on 4th April, 2026 |
| Alleged Violation Period | April 2019 to March 2024 |
| Scope of Violation | Alleged ineligible Input Tax Credit availed pertaining to residential colony, exempt supply, and rent of immovable property |
The communication demanding tax and penalty was initially received via email dated 31st March, 2026.
The Company indicated that it would be contesting the demand by filing an appeal with the Commissioner (Appeals). Regarding the potential impact, Aditya Birla Real Estate Limited stated that it does not expect the order to have any material impact on the financial, operational, or other activities of the Company. The Company cited the process of reviewing the order and assessing its veracity as the reason for the delay in disclosure.
ABREL Stock Price Movement
At the close of trade, Aditya Birla Real Estate Limited is gaining ground by 2.74% to settle at ₹1176. The stock managed a solid session, trading between ₹1125.5 and ₹1183.8 while moving on a volume of 168,445 shares.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.