Announced Mon, 6 Jul · 16:59 IST
JSW Dulux wins GST appeal, penalty of Rs 9.89 lakh annulled
Regulatory & Legal View source PDF
JSWDULUX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹3180.00
prior close
₹3212.00
base price
After-mkt
timing
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AI summary
JSW Dulux (formerly Akzo Nobel India) received an Appeal Order on 6 July 2026 from the Joint Commissioner of LGSTO in Bengaluru, annulling a Rs 9,89,064 penalty that the Karnataka GST Department had imposed in December 2024 over an E-Waybill and invoice discrepancy for FY 2024-25. The company had filed an appeal with supporting documents within the required timeframe and the order fully cancelled the penalty.
Likely market impact
Positive outcome: penalty fully annulled. Amount was small, so limited material impact on financials or stock price.