Retrospective 5% GST likely on food app delivery charge

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India Business News: NEW DELHI: Amid its focus on health and term insurance, the GST Council, which will meet on Saturday, is expected to clarify that a 5% levy on deliver.

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The move has been necessitated by a tax demand of around Rs 750 crore on delivery apps, where GST authorities have taken a view that 18% levy should be imposed.

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Author / Journalist: Sidhartha

Category: EconomyBusiness

Markets: IndiaBrazilGeorgia

Topics: Gene-modified cell therapy tax reduction 5% GST food delivery charges Business news Retrospective GST Zomato Swiggy GST charges GST Council meeting

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 07:34:48 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 669 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24524448

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