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Talegaon plant transfer to cost General Motors ₹141-crore GST
short by Shristi Acharya / on Saturday, 12 April, 2025
Maharashtra Authority for Advance Rulings has said that General Motors India is liable to pay 18% GST on the transfer of leasehold land of its Talegaon facility to Hyundai Motor India. Reports said that the GST on building transfer will incur a total cost of ₹141 crore. Meanwhile, General Motors' asset transfer to Hyundai is valued at ₹787 crore.
read more at CNBCTV18