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Regulatory tax dispute

Eternal receives GST demand orders

Analysis based on 6 articles · First reported Jan 07, 2026 · Last updated Jan 09, 2026

Sentiment
-20
Attention
2
Articles
6
Market Impact
General
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The market impact on Eternal and its subsidiaries Zomato and Zomato — Blinkit is currently limited, as Eternal plans to appeal the GST demand orders. However, a negative outcome could lead to financial liabilities and potentially affect investor sentiment.

Food delivery E-commerce

Eternal, the parent company of Zomato and Zomato — Blinkit, has received two Goods and Services Tax (India) demand orders from the Additional Commissioner of State Tax (Appeals), India — West Bengal. One order, received on January 8, 2026, amounts to over Rs 27.56 crore, including interest and penalty, for the period April 2020 to March 2022. The other order, received on January 6, 2026, is for nearly Rs 3.7 crore, including interest and penalty, for the period April 2019 to March 2020. Both orders relate to alleged short payment of output tax. Eternal maintains that it has a strong case on merits, backed by external legal and tax advisors, and plans to file appeals against both orders before the appropriate authority. The company does not expect a material impact from these demands as it pursues legal remedies.

subs
Zomato — Blinkit, as a subsidiary of Eternal, is indirectly affected by the GST demand orders. The company plans to appeal the orders.
Importance 70.0 Sentiment -10.0
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Importance 0.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
Zomato — Blinkit subsidiary Zomato Blinkit operates as a wholly-owned subsidiary of Zomato following its acquisition by the food delivery giant in June 202
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