JSW Dulux gets MP GST show cause notice over Rs 1,965 tax shortfall

Regulatory & Legal View source PDF Explain this filing

JSWDULUX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹3120.00

prior close

₹3104.80

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.6%-0.9% vs market

Paints peers, median of 8sector-0.1%-0.2% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Smallcap 250 and 0.2 pts less than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.2

15m

+0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.6-0.9-0.1-0.2

Next day

+0.2+0.5-0.3-0.3+0.5

-0.3+0.8-1.1-2.0+1.6

+1.6+0.1+1.4-1.8+3.4

+1.0+0.1+0.9-2.3+3.3

+1.4-0.5+1.9-3.8+5.2

+1.7+0.7+0.9-1.8+3.5

15d

-1.4-1.8+0.5-7.1+5.7

+2.2-2.6+4.9-9.2+11.4

—-9.7—-10.6—

—————

UpDownMarket · Nifty Smallcap 250Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JSW Dulux received a Show Cause Notice from the Madhya Pradesh GST Department on 25 August 2026, issued under Section 74 of the CGST Act. The notice alleges short payment of taxes for April 2020 to March 2022, with a tax component of Rs 1,965 plus applicable interest and penalty, linked to disallowance of Input Tax Credit. The matter is at the show cause stage and the company plans to respond within the stipulated time.

Likely market impact

Financial impact limited at show cause stage; outcome depends on adjudication. Minor overhang pending resolution.