Mahindra Logistics faces ₹10.95 Crore GST Penalty, expects favorable outcome
Mahindra Logistics Limited has received an order from the Additional Commissioner, GST & Central Excise, Mumbai East Commissionerate, imposing a penalty of ₹10,95,29,719. This penalty is related to GS...
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Why is Mahindra Logistics Limited in the news today?
Mahindra Logistics Limited (MAHLOG) is in the news due to while a penalty has been imposed, the company's assessment and legal advice suggest a favorable outcome and no material financial impact, balancing the negative news.
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Mahindra Logistics faces ₹10.95 Crore GST Penalty, expects favorable outcome
December 30, 2025, 06:50 AM
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Mahindra Logistics Limited has received an order from the Additional Commissioner, GST & Central Excise, Mumbai East Commissionerate, imposing a penalty of ₹10,95,29,719. This penalty is related to GST assessment for the financial years 2018-19 to 2022-23, concerning alleged excess or ineligible Input Tax Credit claimed by the company.
The order directs the company to pay ₹10,95,29,719 as tax demand, ₹1,73,70,707 as interest, and ₹10,95,29,719 as penalty. These amounts will be added to the company's contingent liabilities.
Mahindra Logistics, however, based on its assessment, prevailing law, and legal counsel's advice, is hopeful of a favorable outcome at the next adjudicating authority or tribunal level. The company does not reasonably expect this order to have any material financial impact on its operations or financials.
The order was dated December 23, 2025, and the company received it via email on December 29, 2025.
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