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Tax authorities are investigating Hero Motocorp over links to vendor

Shortpedia

Content Team
Image Credit: auto.economic times

Indian tax authorities are investigating motorcycle maker Hero MotoCorp's relationship with vendor Salt Experiences over a suspected false expenditure of about Rs. 91 crore. The Directorate General of Goods and Services Tax Intelligence (DGGI) is conducting the probe, which is being monitored by the Ministry of Corporate Affairs (MCA) and the Enforcement Directorate (ED).