Zomato says it has a robust case on deserves and the corporate can be submitting an enchantment towards the order earlier than the suitable authority. (Photo: 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 Commercial 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 mentioned it has obtained a tax demand, curiosity, together with penalty, to the tune of Rs 23.26 crore from the Assistant Commissioner of Commercial Taxes (Audit), Karnataka. The on-line meals supply platform mentioned it can enchantment towards the order earlier than the suitable authority.
In a regulatory submitting to the BSE, the corporate mentioned it has “received an order for FY 2018-19 pursuant to the audit of GST returns and accounts by the Assistant Commissioner of Commercial Taxes (Audit), Karnataka, raising demand of GST of Rs 11,27,23,564, along with applicable interest and penalty totaling to Rs 23,26,64,271.
“We believe that we have a strong case on merits and the company will be filing an appeal against the order before the appropriate authority,” Zomato mentioned within the submitting.
