Online food delivery firm Zomato is facing another GST demand and penalty order, this time for over Rs 2.22 crore. The order, issued by Gurugram GST authorities, relates to export services provided to overseas subsidiaries between July 2017 and March 2021. Zomato has stated it believes it has a strong case and will be filing an appeal.
Zomato, the renowned online food delivery aggregator, finds itself amidst yet another tax-related hurdle. The Goods and Services Tax (GST) authorities have issued a fresh demand and penalty order against the company, amounting to a staggering Rs 2,22,91,376 in GST demand. This sum is further compounded by interest charges totaling Rs 2,08,98,164 and a penalty of Rs 22,29,136, covering the period from July 2017 to March 2021.
Zomato, however, is not taking this development lying down. The food
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited News Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member?
Login here
for an ad-free experience. 07941056694
FAQ :
The new GST demand and penalty order against Zomato amounts to Rs 2,22,91,376, plus Rs 2,08,98,164 in interest and Rs 22,29,136 in penalty.
This latest GST order covers the period from July 2017 to March 2021.
Zomato intends to contest the order and will be filing an appeal, stating they believe they have a strong case on merits.
The order is specifically related to export services rendered by Zomato to its subsidiaries outside of India.
No, Zomato has faced previous GST demand and penalty orders, including one for Rs 11.81 crore in the preceding month, and other notices totaling Rs 4.2 crore, Rs 23 crore, and Rs 92 crore.