Zomato Slapped With INR 11.81 Crore GST Demand, Penalty Order - Eastern Mirror
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Zomato slapped with INR 11.81 crore GST demand, penalty order

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By IANS Updated: Apr 20, 2024 3:48 pm
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NEW DELHI, APRIL 20 (IANS): Online food delivery platform Zomato has received a goods and services tax (GST) demand and penalty order worth INR 11.81 crore.

The order consists of INR 5.9 crore in GST demand and a penalty of INR 5.9 crore for July 2017-March 2021 period.

“The company has received an order for the period July 2017 to March 2021 passed by Additional Commissioner, Central Goods and Services Tax, Gurugram raising demand of GST of INR 5,90,94,889 with applicable interest (not quantified) and penalty of INR 5,90,94,889,” Zomato said in a stock exchange regulatory filing.

Earlier this month, the food delivery platform had said it received notices from the tax authorities in Delhi and Karnataka over alleged short payment of GST in 2018 amounting to INR 4.2 crore.

The company had said it would appeal against the tax demand notices.

Zomato registered INR 125 crore in profit in the third quarter (Q3) of the last financial year (FY24) — an improvement by INR 390 crore as compared to the same quarter last year.

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By IANS Updated: Apr 20, 2024 3:48:53 pm
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