Akzo Nobel India receives updated GST demand, amount reduced
Akzo Nobel India Limited announced an update on pending litigation with the Kerala GST Department. Following an initial show cause notice on September 26, 2025, concerning disallowance of Input Tax Credit (ITC) for the period April 2021 to March 2022, the company received a new order on December 15, 2025.
The initial demand for tax, interest, and penalty amounted to Rs. 32,42,892. After the company submitted its response and supporting documents, the assistant commissioner, Kochi, Kerala GST Department, issued an order dated December 12, 2025, reducing the aggregate demand to Rs. 22,25,997. This revised amount comprises Rs. 20,34,736 for tax and Rs. 1,91,261 for penalty, with interest applicable as per regulations.
Akzo Nobel India is currently in the process of responding to this updated order within the stipulated timeframe, as it is open for further submissions before the relevant authorities. The litigation is not against key management personnel or its promoter.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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