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Proxy advisory firm InGovern asked SEBI to examine Meesho's GST position through logistics arm Valmo Transportation. InGovern alleged Valmo classified freight as a goods transport agency service to lower GST, with certain charges attracting 5% IGST instead of 18%. Meesho rejected the claims, stating full compliance.
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Summary by ByteBrief
ISM 2.0 policy push; Wipro misses Q1 estimates