Mahindra & Mahindra Limited announced that the Company has received an order from the Assistant Commissioner of Customs Courier Cell/APSC, Mumbai Customs, Zone III imposing a total penalty u/s 114A and 114AA of the Customs Act, 1962 amounting to INR 11,944 besides imposing a redemption fine of INR 1,944 in relation to the alleged undue exemption benefit availed on import of certain goods by way of courier. The Order dated June 26, 2024 has been received by the Company on July 5, 2024.
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