Zomato slapped with Rs 11.81 crore GST demand, penalty order

by IANS |



New Delhi, April 20 (IANS) Online food delivery platform Zomato has received a goods and services tax (GST) demand and penalty order worth Rs 11.81 crore.


The order consists of Rs 5.9 crore in GST demand and a penalty of Rs 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 Rs 5,90,94,889 with applicable interest (not quantified) and penalty of Rs 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 Rs 4.2 crore.


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


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



Latest News
LS polls: PM Modi to hold public meetings in Haryana, Delhi today Sat, May 18, 2024, 11:45 AM
K'taka CM reviews preparedness for rainy season; HM orders probe into police 'negligence' in Anjali murder case Sat, May 18, 2024, 11:35 AM
Jagan Mohan Reddy leaves for foreign tour Sat, May 18, 2024, 11:34 AM
After LS polls, Telangana parties now gearing up for key MLC by-poll Sat, May 18, 2024, 11:31 AM
Assam Trinamool moves ECI accusing CM Sarma of making 'hate speech' Sat, May 18, 2024, 11:29 AM
Congress, INDIA bloc winning people's confidence across the country: Shivakumar Sat, May 18, 2024, 11:28 AM
PM Modi slams Uddhav Thackeray for 'betraying Balasaheb & sacrifices of Shiv Sainiks' in Mumbai rally Sat, May 18, 2024, 11:28 AM
Trinamool moves ECI against Abhijit Gangopadhyay's remarks on Mamata Banerjee Fri, May 17, 2024, 05:19 PM
Govt-run ONDC facilitates 7.22 mn transactions in April, onboards over 5 lakh sellers Fri, May 17, 2024, 05:17 PM
Explained: What is Hepatitis A that is causing an outbreak in Kerala Fri, May 17, 2024, 05:16 PM
JSW Steel posts 64 pc decline in Q4 net profit at Rs 1,299 crore Fri, May 17, 2024, 05:15 PM
Man, who set afire French synagogue, neutralised Fri, May 17, 2024, 05:13 PM
Friend taken into custody after Kerala bridegroom accused of domestic violence flies out Fri, May 17, 2024, 04:50 PM
Russia reports over 100 Ukrainian drone attacks Fri, May 17, 2024, 04:11 PM
Two fake call centres busted in Punjab, 155 employees held Fri, May 17, 2024, 04:09 PM