Bombay HC stays ₹133 cr GST penalty on Shemaroo directors
after close1 source ↓written by the desknot a recommendation
- by staying
- ₹133 crore GST penalty
The Bombay High Court has granted ad-interim relief to Shemaroo directors by staying a ₹133 crore GST penalty. This ruling quashes the retrospective application of penalties dating back to July 2017, barring any coercive actions against the directors. This decision may alleviate regulatory pressures on Shemaroo Entertainment Limited.
Not investment advice. For informational purposes only.