Zomato gets GST demand order of ₹23.26 crore for FY 2018-19
Zomato said, on March 31, that the company has received a GST demand order worth ₹23.26 crore for FY 2018-19. The demand order has been received in respect of excess availment of input tax credit and interest, penalty thereon, the company said in an exchange filing.
“Pursuant to Regulation 30 of the Listing Regulations, this is to inform that the Company 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 INR 11,27,23,564/, along with applicable interest and penalty totaling to INR 23,26,64,271/-," it said. (This is a developing story)Milestone Alert!
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