Akzo Nobel India receives GST Order, demand reduced to ₹39.09 Lakhs
Akzo Nobel India Limited has received an Order from the Haryana GST Department on December 28, 2025, concerning a show cause notice issued earlier. The initial notice, received on June 27, 2025, perta...
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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 gst demand has been reduced, which is a positive development. however, the matter is still under litigation and requires further response from the company, indicating a neutral overall sentiment.
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Akzo Nobel India receives GST Order, demand reduced to ₹39.09 Lakhs
December 29, 2025, 11:21 AM
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Akzo Nobel India Limited has received an Order from the Haryana GST Department on December 28, 2025, concerning a show cause notice issued earlier. The initial notice, received on June 27, 2025, pertained to the period April 2018 – March 2021 and indicated a disallowance of Input Tax Credit (ITC) due to ISD mismatch under Section 74 of the CGST/SGST Act, 2017. The original demand amounted to ₹49,73,561, including tax, interest, and penalty.
The company responded to the notice with supporting documents. Subsequently, the Assistant Commissioner, Gurugram, Haryana GST Department, issued an Order dated December 24, 2025 (received by the company on December 28, 2025). The aggregate demand in this new Order is ₹39,09,328, comprising ₹19,54,664 in tax and ₹19,54,664 in penalty, with applicable interest.
This Order is open for further submissions to the relevant authorities, and Akzo Nobel India is currently in the process of responding within the stipulated timeframe. The company had previously disclosed similar pending litigation on June 28, 2025.
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