Akzo Nobel India receives GST disallowance notice for input tax credit

Akzo Nobel India Limited informed stock exchanges on September 11, 2025, about a show cause notice issued by the Bihar GST Department. The notice, dated August 30, 2025, and received on September 10, 2025, pertains to the disallowance of input tax credit for the period spanning April 2021 to March 2022.

The total alleged liability outlined in the notice is Rs. 23,03,936, comprising a tax amount of Rs. 13,15,750, interest of Rs. 8,01,418, and a penalty of Rs. 1,86,768. The company views this as an initial notice, allowing for further submissions to the relevant authorities.

Akzo Nobel India Limited is currently preparing its response to address the claims within the stipulated timelines. The company has emphasized that this is part of a GST audit and represents an opportunity to clarify and contest the disallowance of input tax credit.