Technology

Ordering food from Swiggy and Zomato can be expensive, this is the reason

Online Food Delivery App: If you order online food from companies like Swiggy and Zomato, then definitely read this news. In fact, from today i.e. from January 1, 2022, new rules of GST have come into force for these companies. In such a situation, getting food from them can be expensive. The Central Government has decided to levy 5 percent GST on online food delivery companies. Till now this GST was paid by the restaurant. Now these companies can pass this burden on their customers. That’s why you have to check everything before ordering food.

understand the new testament

The Finance Ministry has fixed new rates of GST for different categories. It has been implemented from 1 January 2022. Under this, now food delivery e-commerce operators will have to pay 5 percent GST on delivery of food from registered and un-registered restaurants. These companies will also not be given Input Tax Credit (ITC) on this. It is important to understand here that till now companies like Zomato and Swiggy are registered as Tax Collectors at Source (TCS). That is, they are able to collect TCS by filing GSTR-8, but from today it will be closed.

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You can be affected like this

The government has not imposed any new charge on these companies, but the tax which restaurants used to pay till now, it has now been decided to take it from these companies, but it may also happen that these food delivery companies do not bear the burden on them. And collect this charge from you in different ways.

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