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Zomato may face a minimum of 3 years of litigation over INR 400 Crore GST notice, say experts
Taxation experts suggest that Zomato, a food delivery service based in Gurugram, could face legal battles lasting three to five years. The company asserts...
Bata India faces INR 60 Crore tax notice over GST discrepancies
Footwear major Bata India has been served a notice by the State Tax Officer, Anna Salai Assessment Circle, Chennai, with an amount of INR...
Zomato receives INR 401.7 Crore show cause notice from GST authority over unpaid taxes
Foodtech giant Zomato has been issued a show cause notice of INR 401.7 Crore by the Directorate General of GST Intelligence, Pune Zonal Unit....
Confederation lauds Gujarat’s move to allow liquor sales in GIFT City, hails decision as progressive for state economy
The confederation of alcohol beverage producers in India on Saturday said they welcomed the Gujarat government's decision to allow liquor sale in GIFT City.The...
Zomato and Swiggy to engage with tax authorities over INR 1,000 Crore GST notices on delivery fees
Zomato and Swiggy intend to engage with goods and services tax authorities to clarify their stance following the issuance of notices demanding taxation on...
Zomato stocks take a hit as tax notices over non-payment of GST rattle investors
Zomato’s shares opened flat on Thursday, as reports emerged about tax notices being served to food delivery aggregators Zomato and Swiggy over non-payment.As of...
Zomato and Swiggy grapple with INR 1,000 Cr GST notices as tax authorities include delivery charges in revenue assessment
Zomato and Swiggy, the prominent players in the food delivery industry, are facing fresh tax challenges. According to reports, both companies have been served...
Dabur receives INR 320.6 Crore GST demand notice
Dabur, the renowned packaged consumer goods maker, reported on October 17 via a regulatory filing that it has been served a Goods and Services...
India considers ‘reference price’ to curb under-invoicing of imported alcohol
As the negotiations for a free-trade agreement (FTA) between India and Rishi Sunak's government progress, talks have commenced regarding measures to combat the issue...
Radico Khaitan accused of underpaying INR 1,078.09 Crore in excise duty and taxes, CAG report reveals
The Comptroller & Auditor General (CAG) of India has brought attention to an instance of Radico Khaitan Ltd, the producer of 8 PM whisky...
Multiplex operators rejoice as GST Council cuts tax rates to 5% on food and beverages in cinema halls
Multiplex operators expressed their appreciation for the GST Council's recent announcement to reduce tax rates on food and beverages sold in cinema halls. They...