JSW Dulux Gets Major Relief as Madhya Pradesh GST Appellate Authority Cancels Entire Rs 77.13 Lakh Demand:

Madhya Pradesh's GST department has provided relief to JSW Dulux Limited, formerly known as Akzo Nobel India Limited, by canceling a GST dispute demand of Rs 77.13 lakh.

The order on appeal was served to the company on October 13, 2026. The Commissioner of Appeals, Madhya Pradesh GST Department, canceled the demand order and reduced the pending demand to zero.

The original demand order was issued on August 28, 2024, for the period from July 2022 to March 2023. The department had disallowed certain input tax credits and raised a demand of Rs 77.13 lakh, comprising Rs 70.12 lakh in tax and Rs 7.01 lakh in penalty. No interest was charged under the original order.

JSW Dulux had filed an appeal along with supporting documents within the prescribed time challenging the demand. The appellate authority after hearing the appeal, ruled in favor of the company and quashed the entire demand.

The company made the above disclosure under Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015 of SEBI.