New Delhi: Shares of Food shipment collector Zomato will certainly remain in concentrate on Friday (December 13) after the firm obtained Rs 803.4 crore notification (consisting of passion and fine) from the GST division in Thane.
The need order has actually been obtained in regard of non-payment of GST on shipment costs with passion and fine thereon, Zomato claimed in a regulative declaring.
The firm claimed it will certainly submit a charm prior to the suitable authority as it thinks it has a solid instance.
“… Company has received an order on 12 December 2024 … For the period 29 October 2019 to 31 March 2022 passed by Joint Commissioner of CGST & Central Excise, Thane Commissionerate, Maharashtra, confirming demand of GST of Rs 401,70,14,706 with interest as applicable and penalty of Rs 401,70,14,706,” Zomato mentioned.
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“We believe that we have a strong case on merits, which is backed by opinions from our external legal and tax advisors. The company will be filing an appeal against the order before the appropriate authority,” it included.
