JSW Dulux: ₹42 Crore Tax Demand Order Received from Karnataka GST

JSW Dulux Limited has received an Appeal Order from the Karnataka GST Department on 19th October 2026, concerning a show cause notice issued earlier. The order demands a total of ₹42,04,21,825, including tax, interest, and penalty. This update follows a previous disclosure regarding a larger demand of ₹118.33 crore. The company is currently in the process of responding to this order within the stipulated timeframe.

Update on Pending Litigation

JSW Dulux Limited has provided an update on pending litigation following a show cause notice issued by the Karnataka GST Department. The company received an Appeal Order on 19th October 2026, detailing a significant financial demand.

Details of the GST Order

The matter pertains to a Show Cause Notice from the Karnataka GST Department for the period from April 2020 to March 2021, relating to the disallowance of input tax credit under Section 74 of the CGST/SGST Act, 2017. The initial demand aggregated to ₹118,33,32,869, comprising tax, interest, and penalty.

Following the Company’s response and supporting documents, the Assistant Commissioner of Commercial Taxes issued an Order dated 15th October 2026. This order, received by the Company on 19.10.2026, imposes a demand aggregating to ₹42,04,21,825. This amount includes a tax component of ₹14,06,89,554, interest of ₹13,90,42,717, and a penalty of ₹14,06,89,554.

Company’s Response and Next Steps

The Company is currently in the process of responding to this Order. The order is open for further submissions to the relevant authorities, and JSW Dulux Limited is engaging with the process within the indicated timeframe.

This development is an update on the pending litigation previously disclosed on 5th August 2026.

Source: BSE

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