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Online food delivery platform Zomato has received a tax demand and penalty worth Rs 23.26 crore from Karnataka tax authorities, the company said on Sunday..
The company, however, said it believed it had a strong case on merits and it will be filing an appeal against the order before the appropriate authority.. Zomato said the demand order had been received for excess availment of input tax credit and interest penalty..
Zomato disclosed that it received an order demanding a GST of Rs 4,11,68,604 along with applicable interest and penalty totalling to Rs 8,57,77,696 for the financial year 2018-19..
The company has received an order for FY 2018-19 pursuant to the audit of GST returns and accounts by the Deputy Commissioner of State Tax, Gujarat raising demand of GST of Rs 4,11,68,604/-, along with applicable interest and penalty totaling to Rs 8,57,77,696,'' Zomato said.. Zomato stated that these do not appear to have been fully accounted for by the authorities while passing the order.. . Published on: Mar 31, 2024, 2:16 PM IST.
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