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Food and grocery delivery major Zomato has received a tax demand notice of Rs 803.4 crore from GST authorities in Maharashtra, the company said in a stock exchange filing. This includes a tax demand of Rs 401.7 crore, and a penalty and interest component of a similar amount.
“We believe that we have a strong case on merits which is backed by opinions from our external legal and tax advisors. The company will be filing an appeal against the order before the appropriate authority,” it said in the filing.
Zomato reported operating revenue of Rs 4,799 crore in the July-September quarter, and a net profit of Rs 176 crore.
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