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Pay Rs 79-cr GST dues to operate bank accounts, HC tells ByteDance

Pay Rs 79-cr GST dues to operate bank accounts, HC tells ByteDance
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Abhay ahujaRafiq dadaVikram nankaniBombay high court onServices taxBombay high courtBytedance indiaர்யாஃபீக் அப்பாவிக்ரம் நாங்கனிசிட்டி வங்கிகுண்டு உயர் நீதிமன்றம் ஆன்சேவைகள் வரிகுண்டு உயர் நீதிமன்றம்

Bombay High Court allows China s ByteDance to operate Indian bank accounts

ByteDance approached the HC last month denying all tax evasion allegations and seeking various reliefs. Share Via Email | A+A A- By PTI MUMBAI: The Bombay High Court on Tuesday permitted Chinese company ByteDance to operate its Indian bank accounts, that had been frozen by the Goods and Services Tax (GST) authorities over alleged tax evasion, after depositing a sum of Rs 78.91 crore in a state-run bank. A bench of Justices SP Deshmukh and Abhay Ahuja directed ByteDance to deposit Rs 78.91 crore in any nationalised bank towards the demand raised by the GST authorities and said the company could operate its other Indian bank accounts and utilise the remaining funds.

Abhay ahujaPradeep jaitelyRafiq dadaJitendrab mishraVikram nankaniBombay high court onServices taxBombay high courtர்யாஃபீக் அப்பாவிக்ரம் நாங்கனிகுண்டு உயர் நீதிமன்றம் ஆன்சேவைகள் வரிகுண்டு உயர் நீதிமன்றம்