Akzo Nobel India Receives GST Order, Demand Reduced to ₹2.46 Crore
Akzo Nobel India Limited has received an order from the Karnataka GST Department concerning a show cause notice issued on September 30, 2025. The notice, pertaining to the period April 2021 – March 20...
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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 while the demand has been significantly reduced from the initial notice, it is still a pending litigation with potential for further action. therefore, the sentiment is neutral.
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Akzo Nobel India Receives GST Order, Demand Reduced to ₹2.46 Crore
December 30, 2025, 04:52 PM
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Akzo Nobel India Limited has received an order from the Karnataka GST Department concerning a show cause notice issued on September 30, 2025. The notice, pertaining to the period April 2021 – March 2022, initially indicated a demand of ₹14,96,19,736, comprising tax of ₹9,17,69,407, interest of ₹5,78,50,329, and applicable penalty.
The company submitted its response with supporting documents. Subsequently, the Deputy Commissioner, Large Taxpayers Unit – LTU, Karnataka GST Department, issued an order on December 29, 2025, which was received by the company on December 30, 2025. The demand as per this new order aggregates to ₹2,45,61,915, including tax of ₹1,38,13,025, interest of ₹93,67,588, and penalty of ₹13,81,302.
This order is subject to further submissions to relevant authorities, and Akzo Nobel India is in the process of responding within the indicated timeframe.
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