FirstCry parent Brainbees Solutions completes GST inspection; pays ₹1.74 crore in tax review settlement

On November 10, 2024, Brainbees Solutions Limited, the parent company of the popular e-commerce platform FirstCry, confirmed the conclusion of a GST department inspection that began on November 6.

In a disclosure to the stock exchanges, the company stated that it fully cooperated with officials and addressed all queries raised. Brainbees reported that it paid ₹1.74 crore, including interest, due to discrepancies in GST returns from past financial years.