Eternal said it believes it has a strong case on the merits and will file an appeal against the order before the appropriate authority.(Photo source: Usha Kunji/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Eternal Ltd., which owns the Zomato and Blinkit brands, on Sunday said it has received a goods and services tax demand order from the Uttar Pradesh tax authorities along with applicable interest and penalty amounting to over Rs 128 crore.
The demand order received from Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh is with respect to short payment of output tax and excess availment of input tax credit for the period April 2023 to March 2024 with interest and penalty thereon.
Eternal said it believes it has a strong case on the merits and will fi