Home GST Zomato gets GST Penalty Notice of Rs.8.6 Crore from Gujarat’s Deputy Commissioner of State Tax

Zomato gets GST Penalty Notice of Rs.8.6 Crore from Gujarat’s Deputy Commissioner of State Tax

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Zomato gets GST Penalty Notice of Rs.8.6 Crore from Gujarat’s Deputy Commissioner of State Tax

Zomato will get GST Penalty Discover of Rs.8.6 Crore from Gujarat’s Deputy Commissioner of State Tax

Zomato Restricted has acknowledged that it obtained a GST order from Gujarat’s Deputy Commissioner of State Tax for the monetary yr 2018-19.

In response to Zomato’s submitting, the order requires a GST cost of Rs 4,11,68,604, in addition to further curiosity and penalty prices totalling Rs 8,57,77,696.

The corporate acknowledged that the order resulted from an audit of GST returns and accounting.

“….that is to tell that the Firm has obtained an order for FY 2018-19 pursuant to the audit of GST returns and accounts by the Deputy Commissioner of State Tax, Gujarat elevating demand of GST of INR 4,11,68,604, together with relevant curiosity and penalty totalling to INR 8,57,77,696,” acknowledged Zomato Restricted in its inventory trade submitting.

The motion taken, as disclosed by Zomato, is in response to an Adjudication Order issued beneath Part 73 of the CGST Act, 2017 and the GGST Act, 2017. This order imposes a GST demand of Rs.4,11,68,604, along with curiosity of Rs.4,04,42,232 and a penalty of Rs 41,66,860, totalling the beforehand talked about quantity.

The order cites irregularities involving suspected extra enter tax credit score and GST brief cost found throughout audit processes. Zomato has expressed confidence in its place and intends to contest the order earlier than the suitable authorities.

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