Akzo Nobel India Receives GST Order Demanding ₹67.33 Lakhs
Akzo Nobel India Limited has received an order from the West Bengal GST Department concerning a show cause notice issued on 23rd October 2025. The notice was for the period April 2021 – March 2022, al...
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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 an order from the gst department demanding a significant sum, which is a negative development.
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Akzo Nobel India Receives GST Order Demanding ₹67.33 Lakhs
December 20, 2025, 05:35 AM
Akzo Nobel India Limited has received an order from the West Bengal GST Department concerning a show cause notice issued on 23rd October 2025. The notice was for the period April 2021 – March 2022, alleging disallowance of Input Tax Credit (ITC) under Section 73 of the CGST/SGST Act, 2017. The initial demand was ₹62,75,220, comprising ₹36,53,855 in tax, ₹22,55,980 in interest, and ₹3,65,385 in penalty.
Following the company's response with supporting documents, the Senior Joint Commissioner, Large Taxpayer Unit, Corporate Division, West Bengal GST Department, issued an order on 19th December 2025. This order demands a total of ₹67,32,604, which includes ₹36,53,855 in tax, ₹27,13,363 in interest, and ₹3,65,386 in penalty. The company is currently reviewing this order and plans to submit further responses within the stipulated timelines.
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