Akzo Nobel India Limited Receives GST Demand Order of Rs. 44.98 Lakhs
Akzo Nobel India Limited has received an order from the Telangana GST Department regarding a show cause notice previously issued for the period April 2021 – March 2022. The initial notice, dated 30th ...
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Why is Akzo Nobel India Limited in the news today?
Akzo Nobel India Limited (AKZOINDIA) is in the news due to the company has received a gst demand order with a penalty, which is a negative financial development.
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Akzo Nobel India Limited Receives GST Demand Order of Rs. 44.98 Lakhs
January 1, 2026, 11:17 AM
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Akzo Nobel India Limited has received an order from the Telangana GST Department regarding a show cause notice previously issued for the period April 2021 – March 2022. The initial notice, dated 30th September 2025, pertained to the disallowance of input tax credit and indicated a demand aggregating to ₹40,85,606/-, plus applicable interest and penalty.
The company submitted its response with supporting documents. Subsequently, on 29th December 2025, the Assistant Commissioner, Kukatpally CGST Division, Hyderabad, Telangana GST Department, issued an order. This order, received by the company on 1st January 2026, confirms a demand aggregating to ₹44,98,182/-, which includes ₹40,85,606/- in tax, applicable interest, and a penalty of ₹4,12,576/-
Akzo Nobel India Limited is currently in the process of responding to this order within the stipulated timeframe, as the order is open for further submissions to the relevant authorities.
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