Foodtech major Zomato has received a GST demand notice of INR 9.45 Cr from the Assistant Commissioner of Commercial Taxes (Audit) in Karnataka, as stated in a company filing

The notice demands a GST of INR 5,01,95,462 (INR 5.01 Cr), which will be marked up with an interest charge of INR 3.93 Cr, and a penalty of INR 50.19 Lakh, bringing the total up to INR 9.45 Cr.

The company has received the tax order for the financial year 2019-20 under the audit of GST returns and accounts.

The demand order has been received in respect of excess availment of input tax credit and interest, penalty thereon, stated the company in the filing.