JSW Dulux's Appeal on Central Excise Duty Set Aside by CESTAT, Demand Annulled

JSW Dulux's Appeal on Central Excise Duty Set Aside by CESTAT, Demand Annulled
<h1>JSW Dulux's Appeal on Central Excise Duty Set Aside by CESTAT, Demand Annulled</h1>

JSW Dulux Limited (Formerly Akzo Nobel India Ltd.) has received a Final Order from the CESTAT Department regarding pending litigation concerning a Central Excise duty demand. The decision in favor of the company sets aside the entire demand amounting to Rs 32,41,768, resulting in no further liability arising from the order.

The dispute originated when the CESTAT Department initially proposed a Central Excise duty demand of Rs 1.59 crore, along with applicable interest and penalty. This was based on the difference between sales reported by the company in its P&L and ER-1 returns.

Following adjudication, the amount sought was reduced but still resulted in adverse action against JSW Dulux Limited. The Commissioner (Appeals), CGST & CEX, Navi Mumbai, rejected the company's appeal and issued an order on January 15, 2025.

The demand, which stood at Rs 32,41,768, comprised Tax amounting to Rs 16,20,884, along with applicable Interest and Penalty amounting to Rs 16,20,884.

Demand ComponentAmount (INR)
Total Reduced DemandRs 32,41,768
Tax AmountRs 16,20,884
Interest and Penalty AmountRs 16,20,884

The company subsequently filed an appeal before CESTAT, Mumbai. The litigation concluded with a Final Order from the CESTAT Department on August 17, 2026.

In the final ruling, CESTAT set aside the previously issued order and allowed the appeal in favor of JSW Dulux Limited. Consequently, the entire demand of Rs 32,41,768 is annulled, meaning there is no further liability arising from that specific adjudication Order.

JSWDULUX Stock Price Movement​

Shares of JSW Dulux Limited are shedding value as of 2:30 PM, slipping 0.51% in live trading and currently testing at ₹3123.9. The stock has seen a volume of 2,457 shares traded so far in the ongoing market session.
 

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