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Zomato gets service tax demand and penalty order of Rs 184 crore

The company said it will be filing an appeal against the order before an appropriate authority as it believes it has a "strong case on merits".

Delhi central tax commissionerCentral tax

Zomato service tax demand: Zomato gets service tax demand and penalty order of Rs 184 crore

The demand order has been received for non-payment of service tax for the period October 2014 to June 2017 determined on the basis of certain sales made by the foreign subsidiaries and branches of the company to its customers located outside India, the company said in a late night regulatory filing.

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Zomato shares in focus as online food delivery platform receives Rs 92 crore GST notice

Zomato said it has a strong case to defend the matter before the relevant appellate authority and does not expect any financial impact on the company.

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Zomato | Zomato gets service tax demand and penalty order of Rs 184 crore

Zomato | Zomato gets service tax demand and penalty order of Rs 184 crore
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Delhi central tax commissionerCentral tax

Stocks to Watch: Infosys, Zomato, RIL, HDFC Bank, NTPC, Maruti, Ashok Leyland, and Others

Stocks to watch: Shares of firms like Infosys, Zomato, RIL, HDFC Bank, NTPC, Maruti, Ashok Leyland, and others will be in focus on Tuesday's trade.

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