Eternal Limited has informed exchange regarding orders received from Additional Commissioner, CGST Gurugram Commissionerate, Gurugram, Haryana and Assistant Commissioner, Ranchi, Jharkhand
ETERNAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eternal Limited (formerly Zomato) received two GST adjudication orders on March 18, 2026. The first, from the Additional Commissioner of CGST Gurugram for FY2019-20, demands about ₹4.98 crore in tax plus an equal amount as penalty and applicable interest. The second, from the Assistant Commissioner in Ranchi for FY2022-23, demands about ₹6 crore in tax, ₹2.7 crore in interest, and ₹60 lakh in penalty. Both orders relate to alleged short-payment of GST. The total potential demand adds up to roughly ₹19.3 crore across tax, interest, and penalties. The company has stated it believes it has a strong case on the merits and will be filing appeals before the appropriate appellate authority.
The combined potential liability of around ₹19.3 crore is small relative to Eternal's overall scale and is unlikely to materially affect operations. Since the company is contesting the orders and does not expect any financial impact, the announcement is largely a routine disclosure, though investors should track the appeal outcome as a final liability could dent quarterly earnings if the demand is upheld.