In a move that could open a Pandora’s box and spark an outcry from Corporate India, Mahindra & Mahindra has been served a notice from the office of the goods and services tax (GST) for the use of the ‘Mahindra’ brand name by various group companies.
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The show cause notice has questioned why M&M should not pay GST for the service given by the parent to the group companies by letting them use the flagship brand and logo. The notice relates to 2017-23.
Read more at: The Economic Times
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