Zomato gets Rs 9.5 crore tax demand, company to appeal against order
Zomato said in a regulatory filing that it has received a tax demand, along with interest and penalty, aggregating to Rs 9.5 crore from the Karnataka commercial taxes authority.
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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.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIT DelhiCertificate Programme in Data Science & Machine LearningVisitMIT xPROMIT Technology Leadership and InnovationVisitZomato has received multiple similar demands previously, the last being for Rs 11.82 crore on April 20 slapped on it on the basis of 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 Rs 23 crore from the Karnataka commercial taxes authority on April 1, after being hit with a similar demand worth Rs 8.6 crore raised by the deputy commissioner of state tax, Gujarat, on March 15.
On December 30 and 31, 2023, the company received three demand orders from the authorities in Delhi and Karnataka over alleged short payment of GST in 2018 amounting to Rs 4.2 crore. While the first demand pertained to alleged
