GST notice of Rs. 400 Cr Sent to Zomato, Rs. 350 Cr to Swiggy
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Zomato and Swiggy, the country's top two food delivery aggregators, have reportedly come under the scrutiny of tax authorities, with notices of a combined value of ?750 crore sent to them, a report said on November 22.
Zomato, which has the biggest share in India's online food delivery market, has been issued a Goods and Services Tax (GST) notice of ?400 crore by the Directorate General of GST Intelligence (DGGI), CNBC-TV18 reported, citing sources.
Swiggy has been sent a GST notice of ?350 by the DGGI, the news channel further reported, citing persons who are privy to the development.
Both the foodtech companies did not immediately respond to the news.
Zomato, which has the biggest share in India's online food delivery market, has been issued a Goods and Services Tax (GST) notice of ?400 crore by the Directorate General of GST Intelligence (DGGI), CNBC-TV18 reported, citing sources.
Swiggy has been sent a GST notice of ?350 by the DGGI, the news channel further reported, citing persons who are privy to the development.
Both the foodtech companies did not immediately respond to the news.
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