Tax & Penalty22 Apr 2026, 03:49 pm
JSW Dulux receives ₹14.76 Cr GST demand order from Karnataka Dept
AI Summary
JSW Dulux Ltd received an order from the Karnataka GST Department on April 21, 2026, demanding ₹14,75,83,468. This follows a Show Cause Notice issued on June 3, 2024, which initially sought ₹101,09,35,870 for disallowance of input tax credit for April 2019 – March 2020. The current demand comprises ₹4,80,57,137 in tax, ₹5,14,69,194 in interest, and ₹4,80,57,137 in penalty. The company had responded to the initial notice and is now in the process of responding to this latest order within the stipulated timeframe.
Key Highlights
- JSW Dulux received a GST demand order for ₹14.76 Cr.
- The order is from the Karnataka GST Department.
- Initial demand was ₹101.09 Cr for input tax credit.
- The company is preparing to respond to the new order.
- Demand includes tax, interest, and penalty components.
AKZOINDIAPaints
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