Maruti Suzuki faces probe over wrong Tax Code for parts import
According to the DRI inquiry, Maruti Suzuki imported the 'Shaft Assy Propeller' under an incorrect HSN code, as per the World Customs Organisation's explanatory notes. The investigation also found that Integrated Goods and Services Tax (IGST) had been paid on certain automobile parts at a rate of 18%, while the correct rate should have been 28%.
Tags : Maruti probe over wrong tax code maruti suzuki harmonized system Maruti probe over tax code Maruti Suzuki probe Directorate of Revenue Intelligence
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