Zomato will get service tax demand and penalty order of Rs 184 crore

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Zomato will get service tax demand and penalty order of Rs 184 crore

NEW DELHI: On-line meals supply platform Zomato mentioned it has acquired a service tax demand and penalty order aggregating over Rs 184 crore, and can file an attraction towards it earlier than an applicable authority. The demand order has been acquired for non-payment of service tax for the interval October 2014 to June 2017 decided on the idea of sure gross sales made by the overseas subsidiaries and branches of the corporate to its prospects positioned outdoors India, the corporate mentioned in a late night time regulatory submitting.
The corporate additionally talked about that in its response to the present trigger discover it had clarified on the allegations together with supporting paperwork and judicial precedents, “which seems to not have been appreciated by the authorities whereas passing the order.”
Subsequently, the corporate mentioned it acquired the order handed by the Delhi Central Tax Commissioner (Adjudication) on April 1.
“The corporate has acquired an order for the interval October 2014 to June 2017 handed by the Commissioner, Adjudication, Central Tax, Delhi elevating demand of service tax of Rs 92,09,90,306, together with relevant curiosity (not quantified) and penalty of Rs 92,09,90,306,” Zomato mentioned.
The corporate mentioned will probably be submitting an attraction towards the order earlier than an applicable authority because it believes it has a “robust case on deserves”.