Zomato slapped with Rs.4.59 Crore GST Tax Demand Notice:

Zomato slapped with Rs.4.59 Crore GST Tax Demand Notice Zomato, an online food delivery platform, has received a GST tax demand notice totalling over Rs.4.59 crore, including relevant interest and penalties, from Tamil Nadu and West Bengal authorities. The company stated that it intends to appeal against the demand orders issued by the Assistant Commissioner of GST and Central Excise, Nungambakkam Division, Tamil Nadu, and the Assistant Commissioner of Revenue, Government of West Bengal. The Tamil Nadu tax authorities issued an Adjudication Order under Section 73 of the Central Goods and Services Tax Act, 2017 and the Tamil Nadu Goods and Services Tax Act, 2017, for Rs.81,16,518, plus relevant interest (not defined) and a penalty of Rs.8,21,290. At the same time, the West Bengal authorities issued an adjudication order under Section 73 of the Central Goods and Services Tax Act, 2017, and the West Bengal Goods and Services Tax Act, 2017, for GST of Rs.1,92,43,792, plus interest of Rs.1,58,12,070 and a penalty of Rs.19,24,379. In a regulatory filing, Zomato stated that it indicated in its response, along with relevant documents and legal precedents, "which seems to have not been acknowledged by the authorities while passing the order". "The Company believes that it has a strong case to defend this matter before the appropriate appellate authority and does not expect any kind of financial effect on the Company," it said.