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Deeptech

ideaForge faces Rs 109 Cr GST demand and penalty

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ideaForge faces Rs 109 Cr GST demand and penalty

Drone maker ideaForge Technology received a GST demand and penalty order totalling Rs 109.2 crore over alleged tax underpayment. Deeptech founders should audit tax compliance early—GST disputes can be existential for hardware startups with thin margins; work with specialist advisors if you're cross-state or cross-border.

Source: Inc42 ↗

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