Brigade Enterprises gets GST show cause notice over construction services
BRIGADE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Brigade Enterprises received a GST show cause notice on Dec 2, 2025 from DGGI Bengaluru under Section 74 of the CGST Act, alleging undervaluation of construction services provided to landowners under joint development agreements. Potential GST demand: about Rs 11.02 crore for Brigade Parkside North and about Rs 69.5 crore for four other projects - Brigade Senate 1, Senate 2, Deccan Heights, and North Ridge Neo. Interest and penalty may also apply. Company says the notice has no merit and will respond within 30 days. No impact claimed on operations or finances.
Potential tax exposure of about Rs 80.5 crore plus interest and penalty. Company is contesting and claims no operational impact.