‘Hero MotoCorp faces tax probe over links to vendor’

The Directorate General of Goods and Services Tax Intelligence (DGGI) is investigating motorcycle maker Hero MotoCorp’s relationship with vendor Salt Experiences, which is suspected of reporting about Rs 900m ($11m) in false expenditures. Hero MotoCorp reportedly received a tax credit based on the alleged fake spending, leading to a suspected tax evasion of about Rs 160m.

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