Akzo Nobel India has received a Show Cause Notice concerning the disallowance of Input Tax Credit for the period of April 2021 to March 2022. The notice, dated September 30, 2025, alleges a total liability of ₹7,84,099, including tax, interest, and potential penalties. The company is preparing its response to the notice.
Input Tax Credit Disallowance Notice
Akzo Nobel India has received a Show Cause Notice from the Gujarat GST Department regarding the disallowance of Input Tax Credit. The notice was received on October 3, 2025, at 9:45 pm.
Financial Impact Details
The Show Cause Notice pertains to the period from April 2021 to March 2022. The total amount claimed in the notice is ₹7,84,099. This includes the disallowed tax credit, applicable interest, and potential penalties. The tax component is ₹7,84,099.
Company Response
Akzo Nobel India is currently reviewing the Show Cause Notice and preparing its response. The company intends to submit the required documents and explanations to the relevant authorities within the stipulated timeframe to address the concerns raised in the notice.
Source: BSE
