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Sunteck Realty Wins Favourable GST Order, Demand and Penalties Nullified

Story Highlights
  • Sunteck Realty operates as a Mumbai-based real estate developer, focusing on residential and commercial projects in key Indian urban markets.
  • The company secured a favourable GST order that nullifies prior tax demands, interest and penalties, easing regulatory and financial uncertainty for stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunteck Realty Wins Favourable GST Order, Demand and Penalties Nullified

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Sunteck Realty Limited ( (IN:SUNTECK) ) just unveiled an announcement.

Sunteck Realty Limited has received a favourable order from the Office of Goods and Services Tax, which examined and accepted the company’s submissions in a dispute arising from an earlier demand and show cause notice. As a result, the previously levied tax demand, along with associated interest and penalties, has been fully nullified, removing a regulatory and financial overhang for the company and providing clarity and relief for its stakeholders.

More about Sunteck Realty Limited

Sunteck Realty Limited is an Indian real estate developer based in Mumbai, focused on residential and commercial projects across key urban markets. The company operates in the realty and construction sector, with a portfolio that targets various segments of the housing and commercial space in major metropolitan regions.

Average Trading Volume: 15,312

Technical Sentiment Signal: Sell

Current Market Cap: 59B INR

For a thorough assessment of SUNTECK stock, go to TipRanks’ Stock Analysis page.

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