InGovern seeks SEBI review of Meesho’s GST disclosures linked to logistics arm Valmo
InGovern Research Services has asked SEBI to examine Meesho’s GST classification and related investor disclosures for Valmo Transportation. Meesho has denied wrongdoing; a successful tax challenge could raise retrospective liability risks and pressure shipping subsidies, discounts and margins.
InGovern asked SEBI to examine Meesho logistics arm Valmo’s GST classification and investor disclosures. Meesho denies wrongdoing. The complaint says a tax challenge could threaten subsidised shipping, discounts, margins and create retrospective GST, interest and penalty liabilities.
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