Aditya Birla Real Estate Limited has received a GST demand order from tax authorities regarding alleged ineligible Input Tax Credit availed during FY2019-20. The company disclosed this development to stock exchanges on 24th March, 2026, in compliance with regulatory requirements.

GST Demand Order Details

The Additional Commissioner (CGST & C. Ex.), Office of the Commissioner of CGST & Central Excise, Mumbai Central, Mumbai issued the order on 17th March, 2026, which was received by the company on 23rd March, 2026.

Financial Impact Breakdown

The order confirms a comprehensive demand structure covering multiple components of tax liability:

The total financial exposure includes the primary tax demand of ₹23,96,415, an equal penalty amount of ₹23,96,415, plus applicable interest charges.

Nature of Alleged Violation

The order addresses alleged contraventions related to Input Tax Credit availed by the company during FY2019-20. The tax authorities have determined that certain Input Tax Credit claimed by Aditya Birla Real Estate was ineligible under GST regulations, leading to the demand for recovery of the credited amount along with penalties.

Company's Response Strategy

Aditya Birla Real Estate has outlined its approach to address the GST demand order. The company plans to contest the additional demand by filing an appeal with the appropriate appellate authority. Management has assessed that the order is not expected to have any material impact on the company's financial, operational, or other business activities.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI Master Circular dated 30th January 2026, ensuring transparency with stakeholders regarding regulatory developments.

Aditya Birla Real Estate has been directed by the Madhya Pradesh Revenue Court to pay stamp duty and registration fees following allegations of a shortfall in statutory payments.

Court Order Details

The Madhya Pradesh Revenue Court has issued an order requiring Aditya Birla Real Estate to settle outstanding stamp duty and registration fees. The directive comes amid allegations that the company had not paid the full amount of these statutory dues as required under state regulations.

Regulatory Compliance Matter

The court order represents a regulatory compliance issue for the real estate company in its Madhya Pradesh operations. Stamp duty and registration fees are mandatory payments required for property transactions and real estate development activities in the state.

Impact on Operations

This development highlights the importance of regulatory compliance in the real estate sector, where companies must ensure proper payment of all statutory dues including stamp duty and registration fees to avoid legal complications.