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Zomato Gets Rs 11.82 Crore Tax Demand Notice, Company To File Appeal – Prime Time News24


On-line meals supply platform Zomato has obtained a tax demand and penalty order of Rs 11.82 crore associated to GST on export companies supplied to its subsidiaries positioned outdoors India from July 2017 to March 2021. The order was handed by the Extra Commissioner, Central Items and Providers Tax, Gurugram, elevating the GST demand of Rs 5,90,94,889, with relevant curiosity (not quantified) and penalty of Rs 5,90,94,889.

“We consider that we have now a robust case on deserves, and the corporate shall be submitting an enchantment towards the order earlier than the suitable authority,” Zomato said in a regulatory submitting late night on Friday. It knowledgeable that the demand order has been obtained, “confirming demand of GST on export companies supplied by the corporate to its subsidiaries positioned outdoors India in the course of the interval July 2017 to March 2021 by upholding that such companies don’t fulfil the circumstances for the availability to qualify as export of service beneath GST”.

“The corporate, in its response to the present trigger discover, had clarified on the allegations, together with supporting paperwork and judicial precedents, which seems to not have been appreciated by the authorities whereas passing the order,” it added.

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

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