Tax & Penalty5 Aug 2026, 08:50 pm
JSW Dulux Ltd Faces ₹118 Cr GST Show Cause Notice
AI Summary
JSW Dulux Ltd has received a show cause notice from the Karnataka GST Department for the disallowance of Input Tax Credit (ITC) for the period April 2020 to March 2021. The total potential liability, including tax, interest, and penalty, amounts to ₹118,33,32,869. The company is currently preparing its response to the notice and will submit it within the stipulated time. This notice is being disclosed as per SEBI regulations regarding pending litigation that may impact the listed entity.
Key Highlights
- Received GST show cause notice for ITC disallowance.
- Potential liability totals ₹118.33 crore.
- Includes tax, interest, and penalty components.
- Company is preparing a response to the authorities.
Price Impact
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