Tax & Penalty24 Sept 2026, 09:56 pm
JSW Dulux Receives ₹56.7 Lakh GST Show Cause Notice
AI Summary
JSW Dulux Ltd has disclosed receiving a Show Cause Notice from the West Bengal GST Department for the period April 2022 to March 2023. The notice alleges disallowance of Input Tax Credit (ITC) amounting to Rs. 56,72,479.04, comprising tax, interest, and penalty. The company is currently preparing its response to the notice within the stipulated timeframe and is in the process of submitting its submissions to the relevant authorities.
Key Highlights
- JSW Dulux received a GST Show Cause Notice for Rs. 56.7 Lakhs.
- The notice pertains to disallowed Input Tax Credit for FY23.
- Company is preparing a response to the GST authorities.
- Potential financial impact includes tax, interest, and penalty.
Price Impact
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