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

India's 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.

Indiatimes · 14h

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

The GST Council, chaired by Indias finance minister, may reduce the tax on food delivery charges by e-commerce platforms from 18% to 5%, effective January 1, 2024, according to sources. However, food delivery platforms like Zomato and Swiggy will not be allowed to claim tax credits.

Hosted on MSN · 11h

GST Council may consider lowering tax on online food delivery to 5% without input tax credit, says CNBC-TV18

The GST Council may lower tax on food delivery charges by e-commerce players such as Zomato and Swiggy to 5% from 18%, CNBC-TV18 reported on December 16 citing sources. The tax cut, which may take effect from January 1,

News18 on MSN · 20h

GST Council May Slash Tax On Online Food Delivery Charges To 5%: Report

The GST Council is considering reducing the goods and services tax (GST) on food delivery charges by e-commerce operators from 18% to 5%, CNBC-TV18 reported, citing unnamed sources. If approved by the Finance Minister-led council,

2hon MSN

Zomato, Swiggy shares in focus as GST council considers cutting food delivery GST to 5%

Shares of Zomato and Swiggy are likely to remain in focus due to the GST Council's potential tax cut on food delivery charges ...

55th GST Council Meet | SUV makers may be able to put pre-July 2023 GST demands in rearview: Sources

The matter was first discussed at the 50th GST Council meeting, where it was clarified that, from July 26, 2023, a cess of 22 ...

2don MSN

Start of GST/HST holiday gets mixed reception from GTA shoppers, businesses

The federal government's GST/HST holiday kicked off Saturday, and while some in the food industry hope it will lead to a ...

ET Now on MSN19h

Used cars, EVs to get costlier? Big GST announcement likely in Dec 21 meeting - What we know so far

In the upcoming meeting, the GST Council may hike the tax rate on used cars and EVs. At present, most of these vehicles have ...

18hon MSN

2-Day GST Council Meet In Jaisalmer Likely To Lower Insurance Premium Rates

The upcoming GST Council meeting in Jaisalmer is set to address a pivotal agenda: the potential waiver of the 18% GST levied ...

1d

GST Council likely to discuss hiking GST on used EVs: CNBC-TV18

The Council is also likely to discuss GST hike for small petrol and diesel cars to 18% from 12%, the channel reported ...

GST Council to discuss these issues at December 21 meeting

GoM on compensation cess is going to seek an extension of three months, and most likely it will be granted by the GST Council.

Retail Insider16h

Canada’s GST/HST Holiday Creates Chaos for Retailers and Shoppers

Ottawa's GST/HST holiday brings confusion for retailers and consumers during the busiest season, with voluntary participation ...

13h

Raising GST on garments to impact small businesses, common man: TG Textile associations body

Telangana State Federation of Textile Associations warns against increasing GST on garments, impacting small businesses and ...

8h

Canada's GST/HST break has begun — here's everything you can buy tax-free before Christmas

Amazon, Canadian Tire and Best Buy Canada have created GST/HST-free sections on their websites — here's everything that's up for grabs.

Hosted on MSN18h

Good news ahead? GST relief for health, life insurance policyholders soon? ET NOW Exclusive

ET NOW sources, meanwhile, revealed that the group of ministers (GoM) have recommended complete exemption of GST on pure term ...

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