Zomato gets tax demand order of Rs. 23.26 crore

Zomato on Sunday said it has received a tax demand, including interest and penalty, amounting to Rs.23.26 crore from the Assistant Commissioner of Commercial Taxes (Audit), Karnataka.

The online food delivery platform said it will appeal against the order before the appropriate authority.

In a regulatory filing to the BSE, the company said 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 totalling 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 said in the filing.

Source: The Hindu business line