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

NationalWest Asia crisis: 95 UAE, 10 Qatar flights expected today

NationalNational Commission for Women takes suo motu cognisance of alleged gang rape case in Hyderabad

Other Sports‘Have seen highest level of political commitment from PM Modi’: Commonwealth Sport chief Donald Rukare on CG30 preparations

EntertainmentAlia Bhatt roots for sister-in-law Riddhima Kapoor ahead of 'Daadi Ki Shaadi' release

NationalHaryana CM slams Congress for misleading farmers on crop procurement

Technology Realted Stories

TechnologyAI to become integral to governance, must complement human intelligence: Dr Jitendra Singh

TechnologyAir India undergoing 'challenging time', focus on execution: N Chandrasekaran

TechnologyNSFDC disburses Rs 775.26 crore in FY26, logs 27 pc growth

TechnologyInduction cooking shift likely to add 13–27 GW to electricity distribution demand

TechnologyE-way bills surge to all-time high of 140.6 million in March