Mumbai, Aug 26
The GST department has issued three orders to Eternal, the company that owns the Zomato and Blinkit brands, imposing a total tax demand of more than Rs 40 crore, including interest and penalties.
According to the company, the Joint Commissioner, Bengaluru, issued these directives for the period from July 2017 to March 2020.
"The Company has received 3 orders on 25 August 2025 for the period July 2017 to March 2020 passed by Joint Commissioner, Appeals-4, Bengaluru, confirming total demand of GST of Rs 17,19,11,762 with interest of Rs 21,42,14,791 and penalty of Rs 1,71,91,177, " Eternal said in an exchange filing.
Zomato, Blinkit, District, and Hyperpure are the four main companies that make up Eternal. The company announced that it will appeal the tax demand orders.
Meanwhile, the shares of the food delivery giant were trading slightly lower during intraday trade. At around 11:28 A.M., the stock was trading at 318.75, down 0.16 per cent.