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Tax & Penalty19 Aug 2026, 05:30 pm

JSW Dulux Receives ₹1.84 Cr GST Show Cause Notice

AI Summary

JSW Dulux Ltd has disclosed receiving a show cause notice from the Odisha GST Department regarding the disallowance of Input Tax Credit (ITC) for the period April 2022 to March 2023. The notice, dated August 17, 2026, and received on August 18, 2026, alleges a total liability of ₹1,84,27,593, comprising tax of ₹1,08,23,675, interest of ₹64,79,972, and penalty of ₹11,23,946. The company is currently preparing its response to the notice within the stipulated timeframe.

Key Highlights

  • GST Department issued show cause notice for ITC disallowance.
  • Total potential liability stands at ₹1.84 Crore.
  • Includes tax, interest, and penalty components.
  • Company is preparing a response to the notice.
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JSWDULUX
Paints
Akzo Nobel India Limited

Price Impact

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