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

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...

ZF 8HP50 Vaidmuo Hibridiniuose ir Elektriniuose Automobiliuose

ZF 8HP50 yra pažangiausia aštuonių pavarų automatinė transmisija, kuri...

Dating Men in Their 30s: What Changes and What Stays the Same

Navigating the world of relationships can be a unique...

The Calorie-a-Day Strategy: Balancing Nutrition and Weight Loss

When it comes to weight loss, the approach to...
spot_img