Mahindra & Mahindra Hit with ₹11,944 Customs Penalty, Plans to Appeal July 6, 2024, 8:45 a.m. Mahindra & Mahindra Ltd. has been penalised by the Assistant Commissioner of Customs, Mumbai Customs, Zone III.The penalty amounts to Rs. 11,944 under sections 114A and 114AA of the … Unlock the Full Filing And Lot More Access premium insights and stay ahead of the market with Dzambhala Pro. Learn More