INR 11.8 Cr GST, Penalty Demand Dropped

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SUMMARY

Zomato said it received a favourable order from the appeals commissioner, Gurugram, Haryana, dropping the earlier demand order passed by the additional commissioner, CGST Gurugram

Zomato had received the GST demand notice in April last year for July 2017 to March 2021 period with a GST amount of INR 5.9 Cr with interest as applicable and a penalty of INR 5.9 Cr

Zomato’s rival Swiggy has also been served a number of GST demand notices

In a relief for foodtech major Zomato, which has been plagued by GST demand…



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INR 11.8 Cr GST, Penalty Demand Dropped


SUMMARY

Zomato said it received a favourable order from the appeals commissioner, Gurugram, Haryana, dropping the earlier demand order passed by the additional commissioner, CGST Gurugram

Zomato had received the GST demand notice in April last year for July 2017 to March 2021 period with a GST amount of INR 5.9 Cr with interest as applicable and a penalty of INR 5.9 Cr

Zomato’s rival Swiggy has also been served a number of GST demand notices

In a relief for foodtech major Zomato, which has been plagued by GST demand…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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