Tax panel may consider lowering GST on online food delivery fees, report says

Share This Post

[ad_1]

GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, CNBC-TV18 reported, citing sources.

The potential tax cut, which could take effect from Jan. 1, 2025, would not allow food delivery platforms such as Zomato and Swiggy to claim tax credits.

This comes as India’s tax department ordered Zomato to pay 8.04 billion rupees in taxes and fines for non-payment of certain taxes from 2019 to 2022.

Discover the stories of your interest

[ad_2]

Source link

spot_img

Related Posts

Soft Play Bus Essex – Mobile Party Venue on Wheels

In the world of children’s entertainment, creativity and convenience...

Little Glam Queens Rejoice: Pamper Bus Parties Are Here to Wow

A Mobile Spa Experience Designed for Kids’ DelightFor young...

How to Enjoy Grace Bay Turks and Caicos Luxury Without Breaking the Bank

Introduction: Paradise on a BudgetGrace Bay Turks and Caicos...

WitchSpin Casino’s Magical Theme: A Unique Gaming Experience

Online casinos today are not just about winning money....

Norwegian Tourists’ Favorite Online Gaming Destinations for Vacation

As the world becomes increasingly interconnected, many Norwegian tourists...

Non-Disclosure Agreement for Franchise Opportunity Discussions

When discussing franchise opportunities, both the franchisor and potential...
spot_img