Zomato and Blinkit parent company Eternal gets GST notice of over Rs 40 crore

Eternal, the payment company of Deepinder Goyal-led food delivery app Zomato, has been served with three orders by the Goods and Services Tax (GST) department. These orders have raised a demand of more than Rs 40 crore.

According to the company’s regulatory filing, the confirmed demand received from the Joint Commissioner-4 Bengaluru for the period from July 2017 to March 2020 comprises GST of Rs 17.19 crore, interest of Rs 21.42 crore, and a penalty of Rs 1.71 crore.

Eternal comprises four major businesses: Zomato, Blinkit, District, and Hyperpure.

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Company to appeal against tax order

The company said it will file appeals against the tax demand orders.

"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 INR 1,71,91,177," Eternal said in a late-night regulatory filing on Monday.

"We believe that we have a strong case on merits, backed by view from lawyers and the company will be filing appeals against the orders before the appropriate authority," it added.

Earlier last month, the company reported a massive 90 per cent year-on-year decline in consolidated net profit to Rs 25 crore for the first quarter of the current financial year, compared to Rs 253 crore in the same quarter of the previous fiscal year.

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