Zomato faces Rs 9.45 crore GST demand from Karnataka tax authorities
By
Binu Mathew
Deepinder Goyal-led food delivery and quick commerce company, Zomato, has been hit with a Goods and Services Tax (GST) demand of over Rs 9.45 crore. The company disclosed this information to the stock exchanges, specifying that the order pertains to the financial year 2019-20 and was issued by the Assistant Commissioner of Commercial Taxes (Audit), Karnataka.
The demand comprises Rs 5,01,95,462 in GST, Rs 3,93,58,743 in interest, and a penalty of Rs 50,19,546, amounting to a total of Rs 9,45,73,751.