ideaForge Faces ₹109 Cr GST Demand, Penalty Over Alleged Tax Underpayment

by · Inc42

SUMMARY

  • ideaForge has received a GST demand and penalty order totalling ₹109.2 Cr for the period between January 2022 and March 2024
  • The dispute leaves the drone maker facing a sizeable potential liability despite a subsequent government clarification that drones attract 5% GST
  • The company plans to appeal the order, which alleges that it short-paid GST by 13 percentage points