ideaForge Hit With ₹109.2 Crore GST Demand and Penalty Over Alleged Tax Underpayment
Drone maker ideaForge Technology has received a GST demand and penalty order totalling ₹109.2 crore, according to the company, in a development that could weigh on investor sentiment and raise fresh compliance questions for the listed startup. The order relates to alleged underpayment of tax, though the company has not indicated that it accepts the claim and is expected to assess its legal options.
