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SWIGGY GST BURDEN
Zomato’s fee hike to boost margins, demand still intact : Jignanshu GorZomato has increased its platform fee, aiming for better profits. This move puts it ahead of rival Swiggy in charges. Analysts believe this...- Explained: What India's new labour laws mean for Eternal, Swiggy investorsIndia's new labor code, effective November 21, imposes a new cost burden on food delivery giants Swiggy and Eternal, potentially impacting ...
- Swiggy, Zomato deliveries to cost more from Sept 22. Finance Ministry explains the why & how behind itFrom September 22, food delivery via Zomato, Swiggy and Magicpin will cost more as 18% GST applies on delivery charges, adding Rs 2–2.6 per...
- Food delivery likely to get costlier on platform fee hike, GST levyFood delivery is set to get costlier as Zomato, Swiggy and magicpin have raised platform fees ahead of the festive season, with an addition...
- Food delivery sector will surpass 20% growth over the next two to four quarters: ReportAccording to the report, food delivery growth has decelerated in recent quarters, with gross order value (GOV) growth easing from 19-20% in...
- Festive cheer with GST 2.0; Amazon’s $200 million NBFC betHappy Friday! Ecommerce is expected to win big this festive season on the back of new GST relief. This and more in today’s ETtech Morning D...
- Zomato, Swiggy face Rs 180-200 crore GST hit, plan to pass on burden to delivery partners, customersZomato and Swiggy are set to face an additional GST burden of Rs 180-200 crore annually following a GST Council clarification. The companie...
- Zomato, Swiggy's GST woes; Amazon's $200-million Axio dealWith the overhaul of India's GST regime, food delivery companies Zomato and Swiggy stare at a new tax burden. This and more in today's ETte...
- Zomato, Swiggy, Blinkit delivery fees to face 18% GST. What it means for investorsIndia’s food delivery and quick commerce firms face higher costs after the GST Council brought delivery fees under Section 9(5) of the CGST...
- Hotel Rooms to Casinos: GST on key services in spotlight ahead of council meetTeam GST is convening to address service tax classifications within the 12%, 18%, and 28% slabs, aiming to simplify the regime and potentia...
- GST Rate Cut: Auto, cement, among other sectors, likely to benefit post PM’s I-Day announcementPrime Minister Narendra Modi’s Independence Day address unveiled sweeping GST reforms, proposing to replace the existing four-tier system w...
- ETtech Explainer: What’s behind the Rs 803-crore GST demand on Zomato?Indian food delivery giant Zomato received Rs 803 crore GST notice. The government says Zomato should pay tax on delivery fees. Zomato argu...
- Food aggregators like Swiggy, Zomato to collect 5% GST beginning Jan 1Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5% rate beginning Saturday, a move which will widen the tax...
- Food aggregators like Swiggy and Zomato to collect 5% GST beginning January 1Currently, restaurants registered under GST are collecting and depositing the tax. Also, cab aggregators like Uber and Ola will have to col...
- Pricey unity of textile GST ratesReform should entail having a central rate for the vast majority of goods, a merit rate and a demerit rate. But this requires political wil...
- A host of changes in GST law will take effect from January 1The GST regime will see a host of tax rate and procedural changes coming into effect from January 1, including liability on e-commerce oper...
- Restaurant industry wants clarity on GST on Swiggy, ZomatoThe GST Council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST, just like restaurants.
- Swiggy, Zomato to collect 5% GST on deliveries, food not to get dearerFood delivery apps will now be required to collect 5% GST from consumers instead of the restaurant they pick up orders from, Sitharaman sai...
- Zomato, Swiggy to pay GST on restaurants' behalf. Will your online food ordering bill rise?At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile...
- GST Council Meet: Tax reduction on life saving drugs, and other key highlightsReducing taxes on life-saving medicines, bringing petrol and diesel within the ambit of indirect tax, rationalizing an inverted duty struct...
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