StockWatch
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Paints
Tax & Penalty1 Sept 2026, 07:31 pm

JSW Dulux Ltd Receives GST Show Cause Notice for ₹9,294

AI Summary

JSW Dulux Ltd has disclosed receipt of a show cause notice from the Gujarat GST Department concerning the disallowance of Input Tax Credit (ITC) for the period April 2020 to March 2022. The notice, dated August 28, 2026, and received on September 1, 2026, alleges a total liability of ₹9,294, comprising ₹4,647 in tax, applicable interest, and ₹4,647 in penalty. The company is currently reviewing the notice and preparing a response within the stipulated timeframe. Management's view is that the matter is open for further submissions.

Key Highlights

  • Received GST show cause notice for ITC disallowance.
  • Total potential liability stands at ₹9,294.
  • Includes tax, interest, and penalty components.
  • Company is preparing a response to the notice.