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Informative

Paytm Parent Slapped With INR 1.19 Cr GST Penalty

Update / Judgement Date

04 Feb 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

GST

Paytm Parent Slapped with INR 1.19 Cr GST Penalty: Paytm’s parent company has been slapped with a GST penalty of INR 1.19 crore by tax authorities for non-compliance with tax regulations. The penalty was imposed due to the company’s failure to meet its GST obligations on certain transactions. Paytm has indicated that it plans to challenge the penalty in court, highlighting the ongoing challenges faced by tech companies in navigating complex tax laws in India.