Meesho Limited received an Order-in-Appeal from the CGST Commissioner (Appeals), Thane, upholding a tax demand of approximately ₹14.29 crore.
The demand relates to the alleged non-collection of Tax Collected at Source (TCS) on transactions in its reseller model from October 2018 to March 2020.
The company states the order is without merit and will file an appeal before the Goods and Services Tax Appellate Tribunal (GSTAT).
Meesho confirms the order has no material adverse impact on its financial position or operations.