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Zomato , India ’s top food delivery and quick commerce program , has been slap with a tax bill of $ 94.5 million .
The Indian tax authority has say the$32 billion firmto pay 401.7 crore in allegedly unpaid porcine commodity and services taxation ( GST ) for the geological period between October 29 , 2019 , and March 31 , 2022 . The order also impose an equivalent amount in penalty , along with applicable involvement .
The tax demand specifically relates to non - payment of GST on bringing rush , a thing that may have broader implications for India ’s fast - growing solid food speech sphere .
In a stock exchange filing Thursday eventide , Zomato take it “ has a strong case on merit which is plump for by opinions from extraneous legal and tax advisors ” , lend that it plan to appeal the social club before the appropriate self-confidence .
The taxation liability present a hearty financial picture for the Gurugram - headquarter companionship , exceeding half of its profits for the fiscal year ending March 2024 .
