Just Dial Limited has received an order dated August 30, 2024 from the Superintendent of Central Tax and Customs, Ameerpet GST Division, Hyderabad levying on the Company a penalty of INR 20,000 under Section 122 read with Section 73 of the Central Goods and Services Tax Act, 2017 and the Telangana Goods and Services Tax Act, 2017. The Order has been passed alleging incorrect availment of input tax credit by the Company. The financial impact of the Order is to the extent of the penalty levied.
There is no impact on operations or other activities of the Company due to the Order. The Order was received by the Company on August 30, 2024.
Just Dial Limited is a local search engine company. The Company provides local search, search related services and software services to users in India through multiple platforms such as the Internet, mobile Internet, over the telephone (voice), text (SMS). It enables quick discovery of local businesses across categories and geographies through rich and curated information served via multiple platforms: Website, mobile site, Android & iOS apps and pan-India voice service. Its platforms include JD App, JD Ratings, JD Business, JD Mart, JD Analytics, Online Self-Sign-Up, JD Omni and JD Pay. JD App is a one-stop destination offering simple and intuitive business discovery services, it also contains features like user ratings, location-based search, 360-degree images, movies, news, sports, stocks and augmented reality (AR)-based listing finder, among others. JD Mart is an exclusive B2B marketplace made for micro, small and medium enterprises (MSMEs) to fulfil their business requirements.
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Investor
Investor
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