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ABREL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Additional Commissioner of CGST & Central Excise, Mumbai Central has issued an order dated 17th March 2026 demanding additional GST liability of approximately ₹23.96 lakh (₹11.98 lakh CGST + ₹11.98 lakh SGST), plus interest and a penalty of ₹3.96 lakh. The demand relates to allegedly ineligible Input Tax Credit availed by the company pertaining to FY2019-20. The order was received by the company on 23rd March 2026. Aditya Birla Real Estate has stated that it will contest the order by filing an appeal with the appellate authority.
The financial impact is relatively small in absolute terms, and the company has explicitly stated it does not expect any material impact on its financial, operational, or other activities. The appeal process is likely to be the next key event to watch for shareholders.