Akzo Nobel India receives GST order of ₹2.46 Crore, up from ₹14.96 Crore demand.
Akzo Nobel India Limited has received an order from the Karnataka GST Department regarding a show cause notice issued on September 30, 2025, for the period of April 2021 to March 2022. The initial not...
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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, the litigation is not yet concluded and the company is still in the process of responding to the order, indicating an ongoing matter.
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Akzo Nobel India receives GST order of ₹2.46 Crore, up from ₹14.96 Crore demand.
December 30, 2025, 04:38 PM
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More Details on This News
Akzo Nobel India Limited has received an order from the Karnataka GST Department regarding a show cause notice issued on September 30, 2025, for the period of April 2021 to March 2022. The initial notice indicated a disallowance of input tax credit under section 73 of the CGST/SGST Act, 2017, with a demand amounting to ₹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 along with supporting documents within the stipulated time. Following the review of the response, 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, at 10:00 am.
The demand amount specified in this new order aggregates to ₹2,45,61,915 (comprising Tax of ₹1,38,13,025, Interest of ₹93,67,588, and Penalty of ₹13,81,302). This order is open for further submissions to the relevant authorities, and the company is in the process of responding within the indicated timeframe.
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