Akzo Nobel India Limited — Others, 03-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
03-06-2025 | 02:59 pm
03-06-2025 | 02:59 pm
Akzo Nobel India Limited received a revised tax demand from the Bihar GST Department for the 2019-20 period, reduced from Rs. 1.33 Cr to Rs. 0.93 Cr after the company’s response. This includes tax, interest, and penalties. The company is preparing its reply within the required timeframe. This tax matter impacts cash flow but is being actively managed for resolution, highlighting ongoing compliance and financial prudence.
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