Zomato Limited announced that with respect to the order passed by the Assistant Commissioner of Revenue, Government of West Bengal for the period April 2020 to March 2021, the company wish to clarify that the Order was received by the Company on 12 September 2024 at 7:24 PM. The Company had filed the disclosure for the same on 13 September 2024 at 4:08 PM, within 24 hours of receipt of the order. Adjudication Order passed under Section 73 of the Central Goods and Services Tax Act, 2017 and West Bengal Goods and Services Tax Act, 2017 for GST of INR 55.954319 million with interest of INR 36.967792 million and penalty of INR 5.595432 million.
The demand order has been received in respect of non- payment of GST on delivery charges and interest, penalty thereon. The Company in its response to the show cause notice had clarified on the issue 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.
This is also supported by opinions from external legal and tax advisors.
