City
Epaper

Zomato slapped with Rs 11.81 crore GST demand, penalty order

By IANS | Updated: April 20, 2024 13:20 IST

New Delhi, April 20 Online food delivery platform Zomato has received a goods and services tax (GST) demand ...

Open in App

New Delhi, April 20 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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalJiya Rai becomes first female with autism to swim across Catalina Channel in US

InternationalIsrael, Serbia discuss 'launch of strategic dialogue' during meeting in Belgrade

International"Other countries were taking advantage of us for years and years, now we are treating them fairly": Donald Trump on tariffs

International"Yunus government is completely illegal": Switzerland Awami League General Secretary

CricketWomen's World Cup 2025: India defeat SL by 59 runs

Technology Realted Stories

Technology91 online govt services restored after data centre fire in S. Korea

TechnologyDedicated team within ICAR to conduct sugarcane research: Shivraj Singh Chouhan

TechnologyClimate variability reshaping Indian Sardine's dynamics: Study

TechnologyMumbai's real estate market witnesses robust 1.11 lakh registrations between Jan-Sep

TechnologyAtmanirbharata is about building supply chains that can withstand global shocks: Piyush Goyal