Zomato on Sunday mentioned it has acquired a tax demand, curiosity, together with penalty, to the tune of Rs 23.26 crore from the Assistant Commissioner of Industrial Taxes (Audit), Karnataka. The net meals supply platform mentioned it’ll enchantment towards the order earlier than the suitable authority.
In a regulatory submitting to the BSE, the corporate mentioned it has “acquired an order for FY 2018-19 pursuant to the audit of GST returns and accounts by the Assistant Commissioner of Industrial Taxes (Audit), Karnataka, elevating demand of GST of Rs 11,27,23,564, together with relevant curiosity and penalty totaling to Rs 23,26,64,271.
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“We imagine that we’ve a powerful case on deserves and the corporate can be submitting an enchantment towards the order earlier than the suitable authority,” Zomato mentioned within the submitting.
