Pay Rs 79-cr GST dues to operate bank accounts, HC tells ByteDance

Business Standard

The Bombay High Court on Tuesday allowed Chinese firm  ByteDance  to operate its Indian bank accounts, frozen by the Goods and Services Tax (GST) auth­orities over alleged tax ev­a­sion, after depositing a sum of Rs 78.91 crore in a state-run bank. The four blocked bank accounts of the TikTok parent, however, held insufficient funds to pay the amount, according to its court filing. A Ben…

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