Mahindra Holidays hit with ₹11.34 Cr GST notice

Mahindra Holidays hit with ₹11.34 Cr GST notice.

The company has received a show cause notice from GST authorities demanding payment of ₹11.34 crore. This stems from alleged discrepancies in input tax credit claims. While the amount is material, it's unlikely to severely impact the company's financials given its size. Legal resolution may take time.

📊 STOCKS: MHRIL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #GST