Legal

Zomato parent Eternal receives over Rs 40 crore tax demand, penalty from GST authority, ETCFO


Eternal, which owns the Zomato and Blinkit brands, has received three orders from the GST department imposing a total tax demand of over Rs 40 crore, including interest and penalty.

These orders have been received from the Joint Commissioner-4 Bengaluru for the period from July 2017 to March 2020.

Eternal, which comprises four major businesses — Zomato, Blinkit, District, and Hyperpure — said it will file appeals against the tax demand orders.

“The company has received 3 orders on 25 August 2025 for the period July 2017 to March 2020 passed by Joint Commissioner, Appeals-4, Bengaluru, confirming total demand of GST of Rs 17,19,11,762 with interest of Rs 21,42,14,791 and penalty of INR 1,71,91,177,” Eternal said in a late night regulatory filing on Monday.

“We believe that we have a strong case on merits, backed by view from lawyers and the company will be filing appeals against the orders before the appropriate authority,” it added.

  • Published On Aug 26, 2025 at 11:15 AM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETCFO industry right on your smartphone!




Source link

creativebharatgroup@gmail.com

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Legal

Cryptocurrencies huge risks to financial stability: RBI Governor, ET LegalWorld

Cryptocurrencies are huge risks to financial stability, and monetary stability, Reserve Bank of India Governor Shantikanta Das said Friday, asserting
Legal

District courts ‘foundation of our justice system’, says V-P Dhankhar, ET LegalWorld

The judiciary is the most important aspect of India and no court is “subordinate”, Vice-President Jagdeep Dhankhar said on Sunday.