JSW Dulux receives ₹1,965 GST show cause notice from MP department

scanx
Reviewed by
Suketu GScanX News Team
Key Highlights
  • JSW Dulux received a GST show cause notice on August 25, 2026
  • Madhya Pradesh GST Department claims short payment of ₹1,965
  • Dispute covers tax period from April 2020 to March 2022
  • Liability includes tax, interest, and penalty due to ITC disallowance
  • Company is preparing its response to the notice
powered bylight_fuzz_icon
49265366

*this image is generated using AI for illustrative purposes only.

JSW Dulux Limited received a show cause notice from the Madhya Pradesh GST Department on August 25, 2026. The notice cites a short payment of taxes aggregating to ₹1,965 for the period between April 2020 and March 2022.

The company disclosed the litigation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on August 26, 2026. The notice was issued by the Superintendent CGST and Central Excise in Gwalior.

Litigation Details

The dispute arises from a GST scrutiny conducted by the Madhya Pradesh authorities. The show cause notice, dated August 18, 2026, was issued under Section 74 of the CGST Act and Rules, 2017.

Particulars Details
Opposing Party Madhya Pradesh GST Department
Authority Superintendent CGST and Central Excise, Gwalior
Notice Date August 18, 2026
Received Date August 25, 2026
Applicable Period April 2020 to March 2022
Claimed Amount ₹1,965

Financial Implications

The total liability claimed in the notice is ₹1,965. This amount comprises the principal tax of ₹1,965, along with applicable interest and penalty. The claim stems from the disallowance of Input Tax Credit.

Management Response

JSW Dulux stated that the matter is open for further submissions before the relevant authorities. The company is currently preparing its response within the stipulated time frame mentioned in the notice.

Historical Stock Returns for JSW Dulux

1 Day5 Days1 Month6 Months1 Year5 Years
+0.45%+2.51%+6.56%+10.17%-6.68%0.0%

How might this GST dispute impact JSW Dulux's future compliance audits or relationship with tax authorities in Madhya Pradesh?

Could the disallowance of Input Tax Credit signal broader operational inefficiencies that might affect the company's margin structure?

What is the likelihood of similar notices being issued to other entities within the JSW Group based on this precedent?

JSW Dulux receives ₹84.75 lakh GST audit order for ITC disallowance

scanx
Reviewed by
Anirudha BScanX News Team
Key Highlights
  • JSW Dulux received a GST audit order demanding ₹84.75 lakh
  • Disallowance covers ITC for April 2022 to March 2023
  • Liability includes ₹77.05 lakh tax and ₹7.70 lakh penalty
  • No interest has been charged on the disputed amount
  • Company plans to submit response within stipulated time
powered bylight_fuzz_icon
49177087

*this image is generated using AI for illustrative purposes only.

JSW Dulux Limited received a GST audit order from the Telangana GST Department on August 24, 2026, disallowing input tax credit (ITC) for the period from April 2022 to March 2023. The order, issued under Section 73 of the CGST Act, 2017, demands a total payment of ₹84.75 lakh, comprising tax and penalty components.

The notification was issued by the Assistant Commissioner at Allwyn, Telangana GST Department, and dated August 5, 2026. The company disclosed the litigation pendency under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Breakdown of Liability

The total liability stems from the disallowance of ITC claims made during the specified financial year. The department has not charged any interest on the disputed amount.

Component Amount
Tax Amount ₹77.05 lakh
Interest Nil
Penalty ₹7.70 lakh
Total Liability ₹84.75 lakh

Management Response

JSW Dulux stated that the order is open for further submissions before the relevant authorities. The company is currently in the process of responding to the notice within the stipulated timeframe mentioned in the order. No immediate financial provision has been disclosed beyond the potential liability amount.

Historical Stock Returns for JSW Dulux

1 Day5 Days1 Month6 Months1 Year5 Years
+0.45%+2.51%+6.56%+10.17%-6.68%0.0%

How might the outcome of this GST audit impact JSW Dulux's net profit margins for the upcoming fiscal quarters?

Are there indications that other major paint manufacturers in India are facing similar ITC disallowances from state tax departments?

What specific legal arguments is JSW Dulux likely to present to contest the ₹84.75 lakh liability under Section 73 of the CGST Act?

More News on JSW Dulux

1 Year Returns:-6.68%