GST Council Meeting Next Week, Panel Likely To Change GST Rates For Items
The 47th GST Council is likely to hold a meeting this week, in Chandigarh. During the meeting, the members are lilkey to discuss several suggestions including changes in goods and services tax (GST) rates on a handful of items. The GST meeting headed by Union Finance Minister Nirmala Sitharaman, comprising of representatives of all states and UTs, is to be held on June 28-29.
Tags: GST Council Meeting, 47th Meeting, Nirmala Sitharaman, GST Rate, Chandigarh
Courtesy: The Free Press Journal
Swiggy, Zomato To Charge GST On Food Deliveries: GST Council
The GST Council has decided that starting from 1st January 2022, Online Food Delivery Businesses like Swiggy and Zomato are required to collect 5% GST from their customers. This transition is meant to simplify the tax administration. Revenue secretary Tarun Bajaj explained, "There is neither a new tax nor extra tax, the tax earlier payable by restaurants, now will be payable by aggregators to prevent revenue leakage."
Tags: GST, GST Council Meeting, Swiggy, ZOMATO
Courtesy: Hindustan Times