Mahindra & Mahindra Limited has received an order from the Office of the Deputy Commissioner, Hardwar - Sector 6, Haridwar, Uttarakhand imposing a penalty u/s 73 of the Central Goods and Services Tax Act, 2017 amounting to INR 4,728,268 in relation to the assessment conducted for the Financial Year 2018-19, on the contention that the Company has claimed the Input Tax Credit (ITC) against invoices on which supplier has not apparently discharged GST liability. The Order dated 24th April 2024 has been received by the Company on 24th April 2024 around 09:45 P.M.