AkzoNobel India Limited announced that further to the Notice (dated 28th December 2023) from the Rajasthan GST Department, an order dated March 26, 2024 has been received on April 4, 2024.

As part of the GST returns scrutiny by the Director General of Audit (Central), a Show Cause Notice was received from the Superintendent, Jaipur, Rajasthan GST Department. The notice mentioned undischarged tax liability and e-way bills extended beyond eight hours for Fiscal Year 2018-19, totaling Rs. 1.642 million plus interest and penalty as per the CGST Act/Rules, 2017.

The company submitted a response to the Show Cause notice along with supporting documents within the prescribed timelines.