Monday, October 17, 2022

Tax Will Be Imposed On Ordering Food From January 1,Know Here

If you are ordering food online then this is important news for you.  
Tax Will Be Imposed On Ordering Food  From January 1,Know Here
Tax Will Be Imposed On Ordering Food  From January 1,Know Here

In reality, customers requesting food from the application ought to know that the focal government has forced a 5 percent charge on food conveyance applications like Zomato and Swiggy. What will happen, this new rule will be effective from January 1, 2022.

According to the instructions of the Union Finance Ministry, app companies will not get the facility of input tax credit like restaurants. 

ALSO VIEW: How to schedule e-mail in Gmail

We would also like to inform you that the demand to bring the food supply app service under GST has been going on for several days. Which was endorsed in the gathering of the GST Council on 17 September.

The new system is being implemented across the country from January 1, 2022.

What will be the impact on the customer?

Note that the 5 percent tax levied legally on the app will not directly affect the consumers as the government will levy this tax from the food supply app. However, the food supply app is likely to impose some form of 5 percent tax on consumers. 

RECOMMENDED POSTHOW THREE-WORD PASSWORD GIVES PROTECTION

In such a circumstance, requesting food online from January 1 can become costly. Allow us to let you know that till now the café needed to pay a 5% assessment on requesting food from the application, which has been eliminated and carried out on the application.

Apps that order food from restaurants registered and unregistered under GST will be taxed. The greatest benefit of this is that the internet-based food conveyance application will take food orders from eateries enrolled under GST.

YOU MAY LIKEKnow How data sent to Whatsapp will get deleted


How Bangladesh Rank First In Cyber Security Index in South Asia

 Bangladesh ranks first in South Asia in Cyber ​​Security Index How Bangladesh Rank First In Cyber Security Index in South Asia Bangladesh h...

The Ultimate Managed Hosting Platform