ETERNAL LIMITED (formerly Zomato Limited) has informed stock exchanges that it received a GST demand order of Rs 6.49 crore from the Deputy Commissioner (ST), State Special Circle-I, Andhra Pradesh. The adjudication order was received on June 9, 2026, under Section 73 of the CGST Act, 2017 and the Andhra Pradesh GST Act, 2017.
The order covers the period April 2023 to March 2024. The demand includes GST of Rs 6.49 crore, interest of Rs 2.50 crore, and a penalty of Rs 0.65 crore. The total demand stands at Rs 9.63 crore.
ETERNAL LIMITED stated the order relates to an alleged short payment of output tax during the financial year 2023-24. ETERNAL LIMITED believes it has a strong case on the merits and will file an appeal before the appropriate authority.
ETERNAL LIMITED does not expect any financial impact from the GST demand. The disclosure to BSE Limited and the National Stock Exchange of India Limited was made on June 10, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.
The order details are available on ETERNAL LIMITED website. ETERNAL LIMITED, formerly known as Zomato Limited and registered in New Delhi, has its equity shares listed on BSE and NSE under the symbol ETERNAL.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.