
Legal20 Jul 2026, 11:19 am
JSW Dulux Wins GST Appeal, Original Demand of ₹1.57 Cr Annulled
AI Summary
JSW Dulux Ltd has received a favorable appeal order from the Karnataka GST Department, annulling the original demand order. The initial demand, issued on March 3, 2025, for the period 2020-21, had disallowed input tax credit under Section 74 of the CGST Act, 2017, amounting to ₹1,57,91,107 (₹82,95,827 tax, ₹58,36,114 interest, and ₹16,59,166 penalty). The company filed an appeal, and the Joint Commissioner of Commercial Taxes (Appeals)-5 Bangalore issued an order on July 13, 2026, revising the demand to zero. This successful appeal resolves the pending litigation, positively impacting the company's financial standing.
Key Highlights
- Karnataka GST Dept. appeal order received on July 19, 2026.
- Original demand of ₹1.57 Cr for disallowed input tax credit annulled.
- Revised demand amount stands at zero.
- Litigation concerning 2020-21 tax period successfully concluded.
Price Impact
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