{"id":16069,"date":"2024-04-02T10:29:18","date_gmt":"2024-04-02T10:29:18","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/02\/zomato-gets-service-tax-demand-and-penalty-order-of-rs-184-crore\/"},"modified":"2024-04-02T10:29:18","modified_gmt":"2024-04-02T10:29:18","slug":"zomato-gets-service-tax-demand-and-penalty-order-of-rs-184-crore","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/02\/zomato-gets-service-tax-demand-and-penalty-order-of-rs-184-crore\/","title":{"rendered":"Zomato gets service tax demand and penalty order of Rs 184 crore"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"39\" height=\"27\" src=\"https:\/\/i1.wp.com\/img.etimg.com\/photo\/88591548.cms?resize=39,27&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Zomato gets service tax demand and penalty order of Rs 184 crore\" title=\"Zomato gets service tax demand and penalty order of Rs 184 crore\" \/><\/div><p> <br \/>\n<\/p>\n<div data-brcount=\"8\"><a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/online-food-delivery-platform\" target=\"_blank\" rel=\"noopener\">Online food delivery platform<\/a> Zomato said it has received a service tax demand and <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/penalty-order\" target=\"_blank\" rel=\"noopener\">penalty order<\/a> aggregating over Rs 184 crore, and will file an appeal against it before an appropriate authority. The demand order has been received for <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/non-payment-of-service-tax\" target=\"_blank\" rel=\"noopener\">non-payment of service tax<\/a> for the period October 2014 to June 2017 determined on the basis of certain sales made by the <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/foreign-subsidiaries\" target=\"_blank\" rel=\"noopener\">foreign subsidiaries<\/a> and branches of the company to its customers located outside India, the company said in a late night regulatory filing. <\/p>\n<p>The company also mentioned that in its response to the show cause notice it had clarified on the allegations along with supporting documents and judicial precedents, &#8220;which appears to not have been appreciated by the authorities while passing the order.&#8221; <\/p>\n<p><\/p>\n<div class=\"sectionemeritus_table\">\n<div id=\"courseTableBox\">\n<h3>Elevate Your Tech Prowess with High-Value Skill Courses<\/h3>\n<table>\n<tbody>\n<tr>\n<th>Offering College<\/th>\n<th>Course<\/th>\n<th>Website<\/th>\n<\/tr>\n<tr>\n<td style=\"width:28%\">MIT<\/td>\n<td>MIT Technology Leadership and Innovation<\/td>\n<td style=\"text-align:center; vertical-align:middle;width:20%; padding-left:0\"><a data-ga-onclick=\"Emeritus_edit_articles_click#108970241#tech\" target=\"_blank\" rel=\"nofollow sponsored noopener\" class=\"btn btn_visit\" href=\"https:\/\/executive-ed.xpro.mit.edu\/technology-leadership-and-innovation?utm_source=timeset&amp;utm_medium=affiliate&amp;utm_campaign=times_et_article_textcta_edit&amp;utm_content=108970241\">Visit<\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"width:28%\">IIM Lucknow<\/td>\n<td>IIML Executive Programme in FinTech, Banking &amp; Applied Risk Management<\/td>\n<td style=\"text-align:center; vertical-align:middle;width:20%; padding-left:0\"><a data-ga-onclick=\"Emeritus_edit_articles_click#108970241#tech\" target=\"_blank\" rel=\"nofollow sponsored noopener\" class=\"btn btn_visit\" href=\"https:\/\/iiml.emeritus.org\/iiml-executive-programme-in-fintech-banking-applied-risk-management\/index.php?utm_source=timeset&amp;utm_medium=affiliate&amp;utm_campaign=times_et_article_textcta_edit&amp;utm_content=108970241\">Visit<\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"width:28%\">IIM Kozhikode<\/td>\n<td>IIMK Advanced Data Science For Managers<\/td>\n<td style=\"text-align:center; vertical-align:middle;width:20%; padding-left:0\"><a data-ga-onclick=\"Emeritus_edit_articles_click#108970241#tech\" target=\"_blank\" rel=\"nofollow sponsored noopener\" class=\"btn btn_visit\" href=\"https:\/\/iimk.emeritus.org\/iimk-advanced-data-science-for-managers\/index.php?utm_source=timeset&amp;utm_medium=affiliate&amp;utm_campaign=times_et_article_textcta_edit&amp;utm_content=108970241\">Visit<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><!--\/widget_emirituscourse_table.cms?courseFlatStructure=true&jumpText=NO&articlemsid=108970241&sectionname=tech&tableheading=Elevate Your Tech Prowess with High-Value Skill Coursespotime:2--><\/div>\n<p> Subsequently, the company said it received the order passed by the Delhi Central Tax Commissioner (Adjudication) on April 1. <\/p>\n<p> &#8220;The company has received an order for the period October 2014 to June 2017 passed by the Commissioner, Adjudication, Central Tax, Delhi raising demand of service tax of Rs 92,09,90,306, along with applicable interest (not quantified) and penalty of Rs 92,09,90,306,&#8221; <a data-ga-onclick=\"Inarticle articleshow link click#Tech#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/zomato-ltd\/stocks\/companyid-57948.cms\" rel=\"noopener\">Zomato<\/a> said. <\/p>\n<div class=\"storyCollection\">\n<section data-grx-impression=\"Articleshow Blocker#Scroll#testimonial\" style=\"padding:0px;margin-top:5px;background-color: #fff4f2;\" id=\"testimonialListing1\" class=\"container testimonial\">\n<div class=\"testomonial_wrapper\">\n<div class=\"overh\">\n<h3>Discover the stories of your interest<\/h3>\n<\/div>\n<div style=\"top: 15px;display: flex;align-items: center;justify-content: center;\" class=\"nextprev-btn\"><span class=\"prev-btn leftA disable\"><\/span><span class=\"next-btn rightA\"><\/span><\/div>\n<\/div>\n<\/section>\n<\/div>\n<p><!--\/tech_brief_widget.cms?msid=87862328potime:1--> The company said it will be filing an appeal against the order before an appropriate authority as it believes it has a &#8220;strong case on merits&#8221;.<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online food delivery platform Zomato said it has received a service tax demand and penalty order aggregating over Rs 184 crore, and will file an appeal against it before an appropriate authority. The demand order has been received for non-payment of service tax for the period October 2014 to June 2017 determined on the basis [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":16070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/88591548.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1955,189,21694,21691,21693,21692,5689,13127,21690,5807,301,4206,21689],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/16069"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=16069"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/16069\/revisions"}],"predecessor-version":[{"id":16071,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/16069\/revisions\/16071"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/16070"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=16069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=16069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=16069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}