Swiggy-Zomato food delivery apps may face GST, Check details!
During the Corona period, many people ordered food at home instead of going to restaurants outside. But now online food delivery can be costly.
New Delhi: The 45th meeting of the GST Council will be held on September 17, 2021, under the leadership of Finance Minister Nirmala Sitharaman. During the Corona period, many people ordered food at home instead of going to restaurants outside. But now online food delivery can be costly.
According to media reports, the GST Council will consider this. The Committee recommended bringing food delivery apps under the purview of at least five per cent GST. In such a situation, customers may find it expensive to order food from Swiggy, Zomato, etc.
Effective from January 1, 2022:
Estimating a GST deficit of Rs 2,000 crore in 2019-20 and 2020-21, the fitment panel has recommended that food aggregators be classified as e-commerce operators and pay GST on behalf of the restaurants concerned. Many restaurants are not paying GST, while some are not even registered. The rate fitment panel has suggested that this change could be effective from January 1, 2022.
Along with this, one or more petroleum products - petrol, diesel, natural gas and aviation turbine fuel (aircraft fuel) can also be brought under the purview of GST. Following the Kerala High Court's direction to bring petrol and diesel under the purview of GST, the matter will be brought up before the GST Council on Friday.
These issues can also be discussed:
This 45th meeting of the GST Council is very important amidst the fears of Corona virus pandemic. This is because in this meeting, among other things, concessional rates on essential goods related to Covid-19 can be reviewed. Along with this, compensation for loss of revenue to the states can also be discussed in this meeting. Economic activities have been affected by the second wave of Covid-19. The burden of inflation has also increased on the people. In such a situation, this meeting to be led by the Finance Minister is very important.
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