Placeholder canvas

Zomato And Swiggy Face $90 Million Tax Notice, Reveals CNBC TV18


India’s top organisation for indirect taxes has reportedly issued notices to food delivery giants Zomato and Swiggy for unpaid taxes totaling around 7.5 billion rupees ($90 million), as per CNBC-TV18 sources on Wednesday.

The Directorate General of GST Intelligence (DGGI) has allegedly presented a tax demand of over 4 billion rupees to Zomato and approximately 3.5 billion rupees to Swiggy, citing the delivery service as a taxable activity subject to goods and services tax (GST) from July 2017 to March 2023.

Zomato chose not to comment on the matter, and as of now, Swiggy and the DGGI have not responded to Reuters’ requests for clarification. (Note: $1 = 83.2440 Indian rupees)


Please enter your comment!
Please enter your name here

Share post:



More like this

Lok Sabha Polls: EC Extends Poll Timings In Bihar LS Seats Due To Heatwave

New Delhi: The Election Commission (EC) has announced an...

IPL 2024: Delhi Capitals Defeat Gujarat Titans By Four Runs In Last-Ball Thriller

New Delhi: A stellar all-round performance by Delhi Capitals...

US President Joe Biden Signs Bill To ‘Ban’ Tiktok Unless It Is Sold

Washington, DC: In a significant development, US President Joe...

Congress Hates Dalits, Backward Classes, Tribals; Does Vote Bank Politics In Name Of Secularism: PM Modi

Betul: Prime Minister Narendra Modi accused the Congress of...