Zomato Faces Rs 11.81 Crore GST Demand and Penalty Over Export Services
The demand order includes a GST demand of Rs 5.9 crore along with an equivalent penalty of Rs 5.9 crore…. - Newsx
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The demand order includes a GST demand of Rs 5.9 crore along with an equivalent penalty of Rs 5.9 crore…. - Newsx
The demand order has been received in respect of excess availment of input tax credit and interest, penalty thereon, the company said in an exchange filing.
Delta Corp, an online gaming and casino firm, contested a GST demand of over Rs 23,200 crore, deeming it arbitrary and contrary to laws, hence not provisioning for it. Their Q3FY24 reported a 59% decrease in net profit at Rs 34.48 crore, with a reduced income from operations at Rs 181.54 crore. Show cause notices from tax authorities alleging GST short payments led to legal action by Delta Corp and its subsidiaries, securing stay orders from High Courts.
India Business News: The Sikkim high court has granted a stay on a Rs 628 crore GST demand order against Delta Corp, a casino and online gaming company. The government has
The eight winners of The Economic Times Startup Awards 2023 will be felicitated on October 7 in a grand ceremony in Bengaluru. Seema Prem of Fia Global, which won top honours for Social Enterprise, spoke to us about her startups journey, and its next aim. This and more in todays ETtech Morning Dispatch.