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Zomato Gets Tax Demand Order of Rs 23.26 Crore – Prime Time News24


Zomato says it has a robust case on deserves and the corporate can be submitting an attraction in opposition to the order earlier than the suitable authority. (Picture: Reuters)

Zomato says it has obtained an order for FY 2018-19 pursuant to the audit of GST returns and accounts by the Assistant Commissioner of Industrial Taxes (Audit), Karnataka, elevating demand of GST of Rs 11,27,23,564, together with relevant curiosity and penalty of Rs 23,26,64,271

Zomato on Sunday stated it has obtained a tax demand, curiosity, together with penalty, to the tune of Rs 23.26 crore from the Assistant Commissioner of Industrial Taxes (Audit), Karnataka. The web meals supply platform stated it would attraction in opposition to the order earlier than the suitable authority.

In a regulatory submitting to the BSE, the corporate stated it has “obtained an order for FY 2018-19 pursuant to the audit of GST returns and accounts by the Assistant Commissioner of Industrial Taxes (Audit), Karnataka, elevating demand of GST of Rs 11,27,23,564, together with relevant curiosity and penalty totaling to Rs 23,26,64,271.

“We consider that we’ve a robust case on deserves and the corporate can be submitting an attraction in opposition to the order earlier than the suitable authority,” Zomato stated within the submitting.

(This story has not been edited by Prime Time News24 workers and is revealed from a syndicated information company feed – PTI)

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