To list your Hotel for sale or Hotel for lease for free please
Click Here —-
Online food delivery platform Zomato has received GST tax demand orders of over INR 4.59 crore, including applicable interest and penalty, from Tamil Nadu and West Bengal authorities. The company said it plans to appeal against the demand orders passed by the Assistant Commissioner of GST and Central Excise, Nungambakkam Division, Tamil Nadu and Assistant Commissioner of Revenue, Government of West Bengal. The Tamil Nadu tax authority passed an Adjudication Order under Section 73 of the Central Goods and Services Tax Act, 2017, and Tamil Nadu Goods and Services Tax Act, 2017, for GST of INR 81,16,518, with applicable interest (not quantified) and penalty of INR 8,21,290. Meanwhile, the West Bengal authority passed an adjudication order under Section 73 of the Central Goods and Services Tax Act, 2017, and West Bengal Goods and Services Tax Act, 2017 for GST of Rs 1,92,43,792 with interest of INR 1,58,12,070 and a penalty of INR 19,24,379. In a regulatory filing, Zomato said it has clarified in its response, along with relevant documents and judicial precedents, “which appears to not have been appreciated by the authorities while passing the order”. “The Company believes that it has a strong case to defend the matter before the relevant appellate authority and does not expect any financial impact on the Company,” Zomato stated.
Published On Aug 29, 2024 at 09:00 PM IST
Join the community of 2M+ industry professionals
Subscribe to our newsletter to get latest insights & analysis.
Download .App
Get Realtime updates
Save your favourite articles
Scan to download App
To list you hotel to sell or lease for free please Click Here