Akzo Nobel India has received an appeal order related to a Goods and Services Tax (GST) demand. The order, received on December 1, 2025, revises the initial demand. The revised total demand amounts to ₹67,56,703, comprising tax, interest, and penalty. The company is currently evaluating its options and preparing a response to the relevant authorities within the stipulated timeframe.
GST Demand Appeal Order Received
Akzo Nobel India has announced the receipt of an appeal order from the Odisha GST Department. This order is in response to an earlier demand related to input tax credit for the period 2020-21. The company is reviewing the details and preparing its next steps.
Revised Demand Details
The appeal order, dated November 29, 2025, modifies the initially claimed GST demand. The revised amount totals ₹67,56,703, broken down as follows:
- Tax: ₹35,00,932
- Interest: ₹29,05,678
- Penalty: ₹3,50,093
Next Steps for Akzo Nobel
Akzo Nobel India is currently assessing the appeal order and preparing to submit further responses to the relevant authorities. The company remains engaged in the process of addressing the GST matter within the prescribed timelines.
Source: BSE