eCommerce
Infibeam Receives INR 32 Cr GST Penalty Notice
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SUMMARY
The GST officials disallowed certain GST exemptions claimed by the company on debit/credit card transactions, up to INR 2,000, between July 2017 and March 2024
Infibeam Avenues believes that the demand is not “maintainable” and is evaluating all options including filing an application for the rectification of the said order
Infibeam Avenues reported a near 50% jump in its consolidated PAT to INR 64.4 Cr in Q3 FY25 while operating revenue rose 18% YoY to INR 1,070.3 Cr
Fintech company Infibeam
Avenues has received…
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