BYJU’S chief financial officer (CFO) P V Rao has been called for recording a statement to give clarification on GST filings. He has been denied the option to give statement through video conferencing since he failed to prove his inability to travel to New Delhi. It has been alleged that company has been evading GST on books/printed material being supplied by the company by mis-declaring such supplies under an exempted category. The company has raised $2.1 Bn till date from investors such as General Atlantic, Tiger Global, Tencent, Naspers, Qatar Investment Authority, and Canada’s Pension Plan Investment Board (CPPIB) among others.
https://inc42.com/buzz/byjus-in-gst-trouble-cfo-summed-to-delhi-by-hc/
