Tuesday, November 5, 2024

Online food orders will be costly from January 1! Know how much it will affect your pocket

Online food ordering will be expensive from the new year i.e. January 1, 2022. Actually, online app-based food delivery platforms like Zomato and Swiggy will now have to pay 5 percent GST. 

If you also order food online sitting at home, then this news is for you only. Now ordering food online will be expensive. Actually, online app-based food delivery platforms like Zomato and Swiggy will now have to pay 5 percent GST. Online food rates will increase from January 1, 2022.

Decision was taken in GST Council meeting

Let us tell you, for a long time there was a demand to bring food delivery services under the purview of GST, after which this demand was also approved in the meeting of the GST Council held on September 17 this year. The government has imposed 5% GST on companies that deliver food. So far, restaurants pay this tax, but with the implementation of the new rule, food delivery companies will pay this tax. This new system will be started across the country from January 1, 2022.

Read More: Alert! EPF account holders, Only 2 days left, add nominee in 5 minutes with this process

Companies will charge money from customers

However, this is not going to make any difference to the users as it has already been cleared that the government will not collect this tax from the customers, but from the app companies. But it has always been the case that if there is any burden on any company from the government, then the app companies somehow collect it from the customers in some way. In such a situation, the new year is going to be heavy for those who order food online.

How will this new rule work?

After the new rules of GST, it will be the responsibility of food aggregator apps to collect tax from the restaurants through which they are providing service and submit it to the government. Earlier restaurants used to collect GST but there was an irregularity in depositing it with the government. 

These food items will also be expensive

Carbonated fruit drinks have become expensive in food items. This will attract a GST of 28% and a compensation cess of 12% on top of that. Earlier, a GST of only 28% was levied on it. Apart from this, eating ice cream will become expensive. It will attract 18% tax. Sweet betel nut and coated cardamom will now be expensive. It used to attract 5% GST, which has now become 18%.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest

Do this work if Income Tax Refund is getting delayed or stuck

This time, the deadline for submitting income tax forms was July 31. Over 7.28 crore individuals have filed tax returns before the deadline. 7.10...

ITR filers broke their record! making a record 12 days in advance this time

If you have filed an ITR this year or are about to do so, this news will be helpful to you. Yes, following the...

Government warns ITR fillers! Rs 5000 fine may be imposed if avoided

The beginning of the new fiscal year was April 1. Additionally, the procedure of submitting an Income Tax Return (ITR) for the fiscal year...

Before filing an ITR know these things to avoid huge difficulties

The procedure for submitting taxes has begun. Every person with taxable income is required to file an ITR. In such a circumstance, it is...

Income Tax Department makes major changes! know them before filing an ITR

As with every year, read this news first if you need to submit an income tax return this year or for the first time....

Most Popular

Subscribe

* indicates required