Zomato, the popular food delivery app, has announced its intention to appeal against goods and services tax (GST) notice of over ₹23 crore. In a letter addressed to the capital markets, Zomatos company secretary and compliance officer Sandhya Sethia, expressed the companys confidence in its stance against the GST demand.Ms. Sethia emphasized, We believe that we have a strong case on merits and the company will be filing an appeal against the order before the appropriate authority.The notice alleges that Zomato received the GST demand due to an excess amount claimed as input tax credit, coupled with interest and penalty charges.In response, Zomato clarified the issue with relevant documents and legal precedents, asserting that the authorities did not adequately consider their explanations. Ms Sethia reiterated that the company believes that it has a strong case to defend the matter before the appellate authority. She also stated that it does not expect any financial impact on the company.Established in 2010, Zomatos technology platform serves as a bridge between customers, restaurants, and delivery partners. It facilitates restaurant searches, reviews, and food delivery services, contributing to its widespread popularity among users.
