Mumbai, Jan 1, 2026 – Sunteck Realty Limited (NSE: SUNTECK | BSE: 512179) informed investors that the tax demand raised earlier by the Goods and Services Tax authorities has been fully nullified, providing a significant relief to the company.
GST Order Decided in Favour of the Company
The company said that an order dated December 31, 2025 has been passed after examining Sunteck Realty’s submissions in detail. Following this review, the authorities accepted the company’s contentions and set aside the entire demand raised earlier, including interest and penalty.The matter relates to a demand and show cause notice that had been communicated earlier in October 2025. With the latest order, the issue now stands conclusively resolved in favour of the company.
Impact on Financial and Legal Position
With the demand, interest and penalty being nullified, Sunteck Realty faces no financial outgo on this matter. The resolution removes a potential contingent liability and provides improved clarity on the company’s tax and legal position.Company Statement
Sunteck Realty stated that the submissions placed on record were examined and accepted, leading to the passing of the order in the company’s favour.About the Company
Sunteck Realty Limited is a Mumbai-based real estate developer with a presence across residential and commercial projects in the Mumbai Metropolitan Region. The company is listed on both the NSE and BSE and focuses on premium and luxury developments in key urban micro-markets.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.
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