On-line meals supply platform Zomato has been hit with a major GST demand order from the West Bengal authorities. The corporate was issued a discover by the Assistant Commissioner of Income demanding Rs 17.7 crore in GST, curiosity, and penalties. The interval for which Zomato is going through these GST costs and penalty is — from April 2021 to March 2022.The Assistant Commissioner of Income, Authorities of West Bengal confirmed demand of GST of Rs 11,12,79,712 with curiosity of Rs 5,46,81,021 and penalty of Rs 1,11,27,971.
The demand stems from alleged non-payment of GST on supply costs. Zomato, nonetheless, maintains its innocence and has said that will probably be interesting the order.
“We consider that we have now a robust case and will probably be difficult this demand earlier than the suitable authority,” the corporate stated in a regulatory submitting. “The Firm in its response to the present trigger discover had clarified on the difficulty together with related paperwork and judicial precedents, which seems to not have been appreciated by the authorities whereas passing the order,” Zomato stated. The Firm believes that it has a robust case to defend the matter earlier than the related appellate authority and doesn’t count on any monetary impression on the Firm, it added.
This isn’t the primary time Zomato has confronted tax-related points. The corporate has obtained related calls for from different authorities prior to now.
The demand stems from alleged non-payment of GST on supply costs. Zomato, nonetheless, maintains its innocence and has said that will probably be interesting the order.
“We consider that we have now a robust case and will probably be difficult this demand earlier than the suitable authority,” the corporate stated in a regulatory submitting. “The Firm in its response to the present trigger discover had clarified on the difficulty together with related paperwork and judicial precedents, which seems to not have been appreciated by the authorities whereas passing the order,” Zomato stated. The Firm believes that it has a robust case to defend the matter earlier than the related appellate authority and doesn’t count on any monetary impression on the Firm, it added.
This isn’t the primary time Zomato has confronted tax-related points. The corporate has obtained related calls for from different authorities prior to now.
