Zomato Wins Legal Battle, GST Demand of INR 5.91 Crores Dropped by Authorities

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Zomato Wins Legal Battle, GST Demand of INR 5.91 Crores Dropped by Authorities

Team Finance Saathi

04/Feb/2025

What's covered under the Article:

Zomato receives a favorable ruling from the Commissioner (Appeals) in Gurugram, Haryana.
The GST demand of INR 5.91 Crores along with penalty has been dropped for the period July 2017 to March 2021.
The decision positively impacts Zomato's financials and compliance status.

Zomato Limited has announced the receipt of a favorable order from the Commissioner (Appeals), Gurugram, Haryana, on February 3, 2025. The order effectively drops the GST demand of INR 5,90,94,889 (Rupees Five Crores Ninety Lakhs Ninety-Four Thousand Eight Hundred and Eighty-Nine Only) along with an equal penalty for the period from July 2017 to March 2021.

This decision follows the earlier demand raised by the Additional Commissioner, Central Goods and Services Tax in Gurugram, which sought the payment of the said amount along with interest and penalty. The favorable ruling is a significant development for Zomato as it eliminates the potential liability and ensures the company remains compliant with regulatory requirements.

This information is now available on the Zomato website for the public and investors. For more insights on Zomato's legal and financial updates, visit the official company portal.

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Zomato Wins Legal Battle, GST Demand of INR 5.91 Crores Dropped by Authorities

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