BYJU CFO to physically record statement in alleged GST evasion case
Delhi High Court has denied relief to Chief Financial Officer (CFO) of online tutorial provider Byju's from appearing physically in Delhi to record statement in alleged GST evasion case.Byju's is being investigated for evasion of GST by the Director General of GST Intelligence (DGGSTI). Byju's has been accused of evading GST on books/printed material being supplied by the company by mis-declaring such supplies under an exempted category.A team of officers from DGGSTI had also raided the premises of the company in Bengaluru in this regard from 27 to 29 October 2020.
The DG GST Intelligence had summoned P V Rao, the CFO of the company, several times, requiring him to record his statement and present evidence at New Delhi. However, Rao had requested that owing to his ill health and the rising number of COVID-19 infections across the country, it was not safe for him to travel to New Delhi for recording of his statement, and requested that he be permitted to appear through video conference.