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Eternal, the parent company of Zomato and Blinkit, has been issued a GST demand notice amounting to Rs 9.63 crore, along with applicable interest and penalty, by the Andhra Pradesh tax authorities.
According to a regulatory filing by the company, the demand order pertains to an alleged short payment of output tax for the period between April 2023 and March 2024.
"This is to inform that the company has received an order on June 9, 2026, for the period April 2023 to March 2024, passed by Deputy Commissioner, State Special Circle-I, Andhra Pradesh, confirming demand of GST of Rs 6,48,72,000 with interest of Rs 2,49,53,504 and penalty of Rs 64,87,200," Eternal said.
"We believe that we have a strong case on the merits and do not expect any financial impact on the company," it added.
