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Zomato Gets ₹9.5 crore GST Notice in K’taka

Listed food delivery and quick commerce major Zomato said in a regulatory filing that it has received a tax demand, along with interest and penalty, aggregating ₹9.5 crore from the Karnataka commercial taxes authority.

The company will be filing an appeal against the demand, it said in the filing on the public bourses. The latest order, for FY20, was made in respect of excess availment of input tax credit by the firm. Zomato has received multiple similar demands previously, the last being for ₹11.82 crore on April 20, for export services provided by the company to its subsidiaries located outside India.

Zomato has also received a tax demand with respect to the availing of excess input tax credit aggregating to ₹23 crore from the Karnataka commercial taxes authority on April 1. It was hit with a similar demand worth ₹8.6 crore raised by the deputy commissioner of state tax, Gujarat on March 15.

S-ET Image Source: Google

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