Mahindra fined Rs 14 lakh, know what is the matter?
Mahindra & Mahindra Ltd (M&M) has been fined Rs 14.3 lakh by one of its predecessor units for wrongly availing Input Tax Credit (ITC) during the transition from excise duty to Goods and Services Tax (GST) regime. Rs 14,31,571 fine This ITC erstwhile Mahindra Vehicle Manufacturers Ltd. which was later merged with Mahindra & Mahindra. … Read more