Eternal Limited has received an order from the Deputy Commissioner (ST), State Special Circle-I, Andhra Pradesh, concerning GST for the period April 2023 to March 2024. The order confirms a demand of INR 6,48,72,000, with interest of INR 2,49,53,504 and a penalty of INR 64,87,200. The company believes it has a strong case and plans to file an appeal.
GST Adjudication Order Received
Eternal Limited, formerly known as Zomato Limited, has been issued an adjudication order by the Deputy Commissioner (ST), State Special Circle-I, Andhra Pradesh. This order pertains to the Goods and Services Tax (GST) for the financial period of April 2023 to March 2024.
Order Details and Financial Impact
The order confirms a demand for GST amounting to INR 6,48,72,000 (Rupees six crore forty-eight lakhs and seventy-two thousand only). In addition to the principal demand, the company is liable for interest totaling INR 2,49,53,504 (Rupees two crore forty-nine lakhs fifty-three thousand five hundred and four only). Furthermore, a penalty of INR 64,87,200 (Rupees sixty-four lakhs eighty-seven thousand and two hundred only) has also been levied.
Company’s Stance and Future Actions
Eternal Limited has stated that it received this order on June 9, 2026. The company strongly believes it has a robust case on merits. Consequently, Eternal Limited intends to file an appeal against this order before the appropriate appellate authority. The company also assures stakeholders that this information will be made available on its official website, www.eternal.com.
Source: BSE
