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Eternal Limited, the parent company of Zomato, has been served with three orders by the Goods and Services Tax (GST) department, raising a demand of more than INR 40 Cr. The orders, issued by the Joint Commissioner (Appeals)-4, Bengaluru, cover the period between July 2017 and March 2020.
According to the company’s regulatory filing, the confirmed demand comprises INR 2.29 Cr (GST, interest, and penalty) regarding short payment of output tax for the period between July 2017 and March 2018, INR…
