JSW Dulux ke liye good news hai! Madhya Pradesh ke Commissioner of Appeals ne company par lagi **₹0.08 Crore** ki GST demand ko poori tarah se cancel kar diya hai.
Kya hua scene?
JSW Dulux ke liye tension bhara mausam khatam ho gaya hai. 8th October 2026 ko aayi ek official update ke mutabik, Madhya Pradesh GST department ke Commissioner of Appeals ne company ke haq mein faisla sunaya hai. Jo demand 28th August 2024 ko raise hui thi, use ab fully annul (cancel) kar diya gaya hai.
Pura Mamla Kya Tha?
Ye saara kissa July 2022 se March 2023 ke beech ke Input Tax Credit (ITC) disallowance ko lekar tha. Ismein ₹70.12 Lakh ka tax aur ₹7.01 Lakh ka penalty jodkar total ₹77.13 Lakh (round figure mein ₹0.08 Crore) ka demand ban raha tha.
Company ne Section 73 of CGST/SGST Act ke andar appeal file ki thi, jiske baad ab appellate authority ne company ke position ko sahi maana hai. Iska matlab saaf hai—ab company ko koi bhi payment ya interest penalty nahi bharni padegi.
Investors ke liye Takeaway
Is order ke baad ab company ke books se ye contingent liability poori tarah hat chuki hai. Financial risk ab zero ho gaya hai, jisse company ka tax profile pehle se kaafi clear aur strong lag raha hai.
