Mahindra & Mahindra receives GST notice for unpaid tax on brand usage across group companies.

Mahindra & Mahindra, part of Mahindra Group, has received a notice from India's GST office for using the "Mahindra" brand name across group companies without paying GST on the service provided by the parent company. The notice, covering the period 2017-23, questions why M&M should not pay GST for allowing subsidiaries to use the flagship brand. If GST officials insist, other businesses could face similar tax claims, as the parent company could be required to pay GST on the royalty or fee paid by group entities for using the brand.

August 08, 2024
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