Tax & Penalty7 Aug 2026, 02:33 pm
JSW Dulux Ltd Receives GST Order for ₹1.75 Lakh Penalty
AI Summary
JSW Dulux Ltd has disclosed an order received from the Tamil Nadu GST Department concerning excess Input Tax Credit (ITC) claimed in Tran-1/2 for the period April 2017 to March 2018. The order imposes a penalty of ₹1,75,699/-. The company is currently reviewing the order and is in the process of submitting its response within the stipulated timeframe. Management is evaluating the outcome of this litigation.
Key Highlights
- JSW Dulux received a GST order for excess ITC claim.
- Penalty amount stands at ₹1,75,699/-.
- Company is preparing its response to the authorities.
- Management is assessing the potential impact of the dispute.
Price Impact
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