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, 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...
Taxman opens the parcel: GST sleuths probe restaurant packaging chargesIndian tax authorities are investigating whether restaurants have evaded taxes on packaging charges, following scrutiny of 'food and delive...
Zomato says GST authorities dropped Rs 5.9 crore tax demandZomato announced that tax authorities have dropped a Rs 5.9 crore GST demand for unpaid dues from July 2017 to March 2021, after a favorabl...
Insurtech’s offline push; GST heat on Zomato explainedHappy Monday! Insurtech startups are opting for an offline strategy for deeper market reach. This and more in today’s ETtech Morning Dispat...
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...
Zomato receives tax demand of Rs 803 crore from GST authoritiesFood and grocery delivery major Zomato has received a tax demand notice of Rs 803.4 crore from GST authorities in Maharashtra, the company ...
Zomato gets Rs 4.59 crore tax demand noticesThe company said it plans to appeal against the demand orders passed by the Assistant Commissioner of GST and Central Excise, Nungambakkam ...
Zomato gets Rs 9.5 crore tax demand, company to appeal against orderFood delivery company Zomato said it has received a tax demand from the Karnataka authorities, aggregating to Rs 9.5 crore. This is the lat...
Zomato gets tax demand order of Rs 23 croreZomato to appeal Rs 23.26 crore tax demand from Karnataka for FY 2018-19, including GST of Rs 11,27,23,564. Confident in a strong case, Zom...
Zomato gets fresh GST notices for Rs 4.2 crore; plans to appeal against demandsZomato said it was issued show-cause notices earlier over these demands and that it had submitted its response. But “authorities in Delhi a...
ETtech Explainer: The Rs 402 crore GST notice that sent Zomato’s shares tumblingOn Thursday, shares of food delivery platform Zomato bucked the trend and opened 1.7% lower despite upbeat broader markets rally to set new...
Zomato receives Rs 402 crore unpaid GST notice, company contests chargesZomato said it received the GST notice on December 26 to show cause as to why an alleged tax liability of the said amount for the period Oc...
Discounts offered by Swiggy, Zomato to come under taxman's lensTaxman set to scrutinise whether any "barter" with banks or restaurants involved
Tipping point: New GST rules to complicate tax on tips, surge fees or extra delivery charges for Swiggy and ZomatoBoth the companies in the past one week have also reached out to their tax advisors to seek clarity around this. This would mean that Swigg...
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 reach out to govt for clarity on GSTThe GST Council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST, just like restaurants. The tax for ...