NSE/BSE Codes: BSE: 500710, NSE: JSWDULUX
Summary of Key Information:
Nature of Event / Disclosure:
Regulatory filing pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, regarding the pendency of a litigation/dispute. The disclosure pertains to the receipt of a Show Cause Notice from the GST Department.
Involved Parties / Authorities:
The opposing party is the Delhi GST Department, specifically the Superintendent, Delhi West, Delhi GST Department.
Date / Timeline of Event:
The Show Cause Notice was received by the company on 5th August 2026 at 9:00 am. The notice pertains to the period from April 2020 to March 2024.
Brief Description of Outcome / Dispute:
The company received a Show Cause Notice under Section 74 of the CGST Act/Rules, 2017 as part of a GST Scrutiny. The notice proposes the disallowance of Input Tax Credit (ITC).
Impact of Outcome:
Financial Impact:
The total financial implication and quantum of claims, as per the notice, is ₹52,68,358 (Fifty Two Lakh Sixty Eight Thousand Three Hundred Fifty Eight Rupees). This amount is a breakdown of:
- Tax: ₹52,22,104/
- Interest: ₹46,254/
- Penalty: As applicable (amount not specified in the notice)
This liability relates solely to the disallowance of Input Tax Credit.
Operational / Business / Strategic Impact:
No material disclosures in this section.
Other Implications:
No material disclosures in this section.
Next Steps / Required Actions:
The management's view is that the notice is open for further submissions. The company is in the process of preparing a response to the relevant authorities and will submit it within the stipulated time mentioned in the notice.