Eternal Limited (formerly known as Zomato Limited) has received a GST demand order of ₹64.17 crore along with a penalty of an equivalent amount, totaling approximately ₹128 crore. The order, issued by the Deputy Commissioner of State Tax, Lucknow, Uttar Pradesh, pertains to the period from April 2023 to March 2024. Eternal intends to appeal the order, believing it has a strong case.
GST Demand Received
Eternal Limited has received an order confirming a demand for Goods and Services Tax (GST) along with a penalty of an equivalent amount. The total exposure is approximately ₹128 Crore.
Order Details
The order, issued on October 18, 2025, by the Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh, relates to the period from April 2023 to March 2024. The GST demand is ₹64,17,43,503, with an equivalent amount levied as penalty. The company received the order at 4:25 PM.
Basis of Demand and Company Response
The demand order relates to a shortfall in output tax payment and excess availment of input tax credit, including applicable interest and penalties. Eternal believes it has a strong case on the merits and plans to file an appeal against the order before the appropriate authority. The company does not anticipate any significant financial impact.
Source: BSE
