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Gst on zomato and swiggy

Web1 day ago · Brands that cut through: HDFC Mutual Fund, Zomato, Rigi, Titan Eye+, MakeMyTrip, Skechers, Mama Earth, JioMart, MPL, Jio Cinema, Dermi Cool, Swiggy, Noise. WebOct 11, 2024 · Zomato accounting Rishabh Singh (12 Points) 11 October 2024 If we are running a restaurant bussiness and we are also delivering food via zomato & swiggy then zomato and swiggy cut their commission with axes and send us money on weekly basis after deducting tds and tcs as per the excel sheet they provide us.

Zomato, Swiggy may have to pay GST on surge & delivery fees, tips

WebDec 29, 2024 · The new rules would mandate food aggregators like Swiggy and Zomato to collect and deposit GST with the government on restaurant services supplied through … Web48 minutes ago · Zomato in an email said it had introduced a new structure for riders that compensates them based on their effort and was engaging with them to reopen the shut stores. To take advantage of the trend for "quick commerce" that delivers goods within minutes to those in urgent need of supplies or just impulse shopping, Zomato last year … boswell coach house https://veedubproductions.com

Zomato Swiggy: Tipping point: New GST rules to complicate tax …

Web1 hour ago · Zomato in an email said it had introduced a new structure for riders that compensates them based on their effort and was engaging with them to reopen the shut stores. To take advantage of the trend for "quick commerce" that delivers goods within minutes to those in urgent need of supplies or just impulse shopping, Zomato last year … WebSep 17, 2024 · On the expected lines, the GST Council also decided to charge services by cloud kitchens and food delivery platforms like Zomato and Swiggy a 5 per cent GST. The food delivery aggregators will have to collect and deposit 5 per cent GST with the government, in place of restaurants, for deliveries made by them, the finance minister said. WebAug 3, 2024 · GST on Restaurant Services through Zomato, Swiggy, etc. & Reporting in GSTR-3B. The Goods and Services Tax Network ( GSTN) vide Advisory dated July … boswell church of god main street boswell pa

Zomato, Swiggy to collect 5% GST: Will your online food bill get ...

Category:GST on Restaurant Services through E-Commerce Operators Swiggy, Zomato

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Gst on zomato and swiggy

Wage protests halt high-speed grocery deliveries at Zomato

WebJan 1, 2024 · Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate beginning Saturday, a move which will widen the tax base as food … WebDec 21, 2024 · E-commerce Operator (Zomato, Swiggy) are liable to pay GST under reverse charge on restaurant service provided through their platform u/s 9 (5) by GST expert December 21, 2024 in GST news 2 192 SHARES 2.4k VIEWS PDF Print Circular No. 167 / 23 /2024 – GST

Gst on zomato and swiggy

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WebOct 5, 2024 · You can get GST bill from zomato or swiggy. Just ping support assistant chat on same order or mail then with order id ( u get order id from order summary ) …

WebJan 2, 2024 · Food aggregators like Swiggy and Zomato will also have to collect and deposit tax at 5% rate from today. This move will widen the tax base as food outlets which are currently outside the GST threshold will become liable to the tax when provided through these online platforms. WebDec 20, 2024 · GST Rate for Restaurant Services: Restaurants opting for Composition Scheme under GST are required to pay GST at a concessional rate of 5% on the annual turnover without the benefit of ITC. But where restaurants/catering services are provided in Hotels with tariff up to Rs. 7,500 this concessional rate shall not be available

WebDec 31, 2024 · From January 1, Zomato and Swiggy will need to pay the 5 per cent GST to the government directly. This GST is currently collected and deposited by restaurants on … WebAbout Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright ...

WebOct 5, 2024 · The GST council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST just like restaurants. The tax for the platforms will come into effect from January next year. This would mean that Swiggy and Zomato will have to slap a 5% tax on the total cost of food .

WebApr 8, 2024 · Discount provided by Swiggy – Rs. 10 Net amount charged- Rs. 90 Swiggy would be required to pay tax on Rs. 100 Certain Clarifications has been made regarding Restaurant Services provided through ECO vide Circular No. 167/23/2024-GST dated 17 December 2024 hawk\u0027s-beard ghWebDec 30, 2024 · Currently, food delivery apps like Zomato and Swiggy are registered as Tax Collected at Source (TCS) in GST records. Changes once it will be implemented At … hawk\u0027s-beard guWebActually during order online food from our most popular apps Swiggy & Zomato I noticed a difference of 8Rs. where… Arpan Pruthi on LinkedIn: #gst #cloudkitchen #zomatoindia #swiggyindia # ... hawk\\u0027s-beard glWebNov 19, 2024 · The GST Council has inter-alia made the recommendations to make e-commerce operators like Swiggy, Zomato within the ambit of restaurant services and make them liable to pay the tax. Following Notification has been issued in … hawk\\u0027s-beard ghWeb1,092 Likes, 0 Comments - Let's Make Tax Logycal Taxology India (@taxologyin) on Instagram: "Part 2 of Budget Highlights - 2024 related to changes in New Tax Regime ... hawk\u0027s-beard gqWeb1 hour ago · Around 50 stores of food delivery company Zomato's grocery unit Blinkit are shut as bike riders have stopped work in the latest protest to hit the country's gig … boswell connection group co. ltdWebSep 18, 2024 · Finance Minister Nirmala Sitharaman said on Friday that online food delivery platforms like Swiggy and Zomato will collect 5% Goods and Services Tax (GST) from customers instead of the... hawk\\u0027s-beard gz