Hyundai Faces Rs 5 Cr Tax Demand from Maharashtra
Tue, Nov 26, 2024 5:26 PM

Hyundai Faces Rs 5 Cr Tax Demand from Maharashtra

A Flip by Avya Verma
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Hyundai Motor India Ltd. announced on Tuesday that the Maharashtra State Tax Authority has sent it a show-cause notice for an alleged excess input tax credit claim, demanding more than Rs 5 crore, including interest. Within the allotted time, HMIL stated that it would respond to the show cause notice before the adjudicating authority.

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