Akzo Nobel India has received an order related to a show cause notice from the Bihar GST Department. The notice, issued on September 24, 2025, concerned disallowed ISD input tax credit for April 2021 – March 2022. The order specifies an aggregate demand of Rs. 8,29,615/-, including tax, interest, and penalty. The company is reviewing the order for further action.
Bihar GST Order Received
Akzo Nobel India has announced the receipt of an order related to a previously disclosed show cause notice from the Bihar GST Department. This notice, initially issued on September 24, 2025, pertained to the disallowance of ISD input tax credit under the CGST/SGST Act for the period covering April 2021 to March 2022.
Financial Implications
The received order specifies an aggregate demand of Rs. 8,29,615/-. This amount includes:
- Tax: Rs. 4,79,547/-
- Interest: Rs. 3,02,114/-
- Penalty: Rs. 47,954/-
Company Response
The company is currently reviewing the received order and considering further submissions to the relevant authorities within the stipulated timeframe.
Source: BSE
