Cointelegraph reports that Binance is disputing a penalty of approximately $86 million imposed by India’s tax department. This matter stems from a notice sent by the Directorate General of GST Intelligence (DGGI) to Binance last week. The notice targets fees collected from Indian customers during this period. It is reported that the DGGI is under the jurisdiction of India’s Ministry of Finance. As of now, Binance has not provided an official response to this matter.