Home INDIA Zomato Gets Service Tax Demand And Penalty Order Of Rs 184 Crore

Zomato Gets Service Tax Demand And Penalty Order Of Rs 184 Crore

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Zomato gets service tax and penalty of Rs 184 Crore
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Zomato said it has received a service tax demand and penalty notice totaling over Rs 184 crore

New Delhi:

Online food delivery platform Zomato said it has received a tax demand and penalty notice totaling over Rs 184 crore, and will appeal the same to a competent authority.

The writ was received for non-payment of service tax for the period October 2014 to June 2017 assessed on the basis of certain sales made by the company’s foreign subsidiaries and affiliates to customers outside India, the company said in a statement. late night registration.

The company also mentioned that in its response to the Cause Notice show, it had clarified the allegations, along with supporting documents and court precedents, “which does not appear to have been appreciated by the authorities in passing the order.” Subsequently, the company said it had received the order passed by the Delhi Central Tax Commissioner (Adjudication) on April 1.

“The company has received an order for the period October 2014 to June 2017 passed by the Commissioner, Adjudication, Central Tax, Delhi, requiring service tax of Rs 92,09,90,306 along with applicable interest ( not quantified) and a fine of Rs 92,09,90,306,” Zomato said.

The company said it will appeal the order to a competent authority as it believes it has a “strong case on the merits”.

(Except for the headline, this story has not been edited by WhatsNew2Day staff and is published from a syndicated feed.)

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