JSW Infrastructure Limited has informed the Exchange about receipt of Show Cause Notice by Ennore Coal Terminal Private Limited (Subsidiary Company of JSW Infrastructure Limited) from GST Authorities
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JSW Infrastructure's subsidiary, Ennore Coal Terminal Private Limited (ECTPL), has received a Show Cause Notice from the Joint Commissioner of GST and Central Excise, Chennai, dated 26 September 2025. The notice alleges contraventions of GST provisions for the period April 2019 to March 2024, demanding Rs. 96.58 Crore in GST along with applicable interest and penalty under Section 74(1) of the CGST Act, 2017. ECTPL has 30 days to respond with reasons why the demand should not be raised. The company has stated there is no material impact on its financials or operations and plans to contest the notice on legal and factual grounds.
While the Rs. 96.58 Crore demand is notable, the company claims no material financial impact and intends to fight the case. Shareholders should monitor the outcome, as an adverse ruling could affect the subsidiary's earnings, though the parent company's exposure is limited at this stage.