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Akshay Patel

19th Oct · SEBI-Registered Analyst

ETERNAL
, parent company of Zomato and Blinkit, received a GST demand order of Rs 128.34 crore from Uttar Pradesh tax authorities. The order includes Rs 64.17 crore in GST demand and an equal amount in penalties for the period April 2023 to March 2024. Eternal plans to appeal the order, stating it has a strong case on merits. The company disclosed this information to stock exchanges in compliance with SEBI regulations. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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