JSW Steel gets ₹696 crore-tax relief from Odisha HC
The Odisha High Court has dismissed a demand for ₹696.32 crore from JSW Steel over a shortfall in mineral dispatch from its Jajang iron ore block in FY21, as well as set aside a separate demand of ₹1,472.69 crore for FY25, sending the case back for further review, according to a regulatory filing. The court's decisions came on October 16, 2026, after JSW Steel challenged demand letters issued by mining authorities in Joda, Odisha.
The company believes the October 20, 2026, judgment and related matters supported the dismissal of the 2021 demand letter. For FY25, the court set aside a September 21, 2025, demand letter and referred the case back to the appropriate authority to reconsider based on the court's April 20 judgment.
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