JSW Dulux gets GST order from Telangana dept over ITC disallowance
JSWDULUX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and 0.6 pts more than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
JSW Dulux (formerly Akzo Nobel India) received a GST order dated 05.08.2026 from Telangana GST dept disallowing Input Tax Credit of Rs. 84.75 lakh for April 2022 to March 2023 (tax Rs. 77.04L, penalty Rs. 7.70L, nil interest). Company is filing further submissions within stipulated time.
Small tax dispute over ITC; company is contesting. Minor negative, limited immediate financial impact on shareholders.