Journalism of Courage
Advertisement
Premium

M038;M excise appeal rejected

The appeal was against the demand for payment of excise duty of Rs 2.16 bn.

Automaker Mahindra amp; Mahindra said on Thursday its appeal related to the excise classification of Commander vehicles was rejected by the Customs,Excise and Service Tax Appellate Tribunal.

The appeal was against the demand for the payment of differential excise duty of Rs 2.16 billion and a penalty of Rs 880.8 million related with the classification of the Commander vehicle as a 10-seater during the years 1991 to 1996.

The company will appeal to the Supreme Court,it said in a statement.

Curated For You

 

Tags:
  • Mahindra
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
Express PremiumGDP: Anatomy of rupee weakness against the dollar
X