What are changes in GST for resturant business applicable from 1st January 2022? - Economics News

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What are changes in GST for resturant business applicable from 1st January 2022?

 Swiggy, Zomato, Uber to collect 5% GST beginning today.

These are among the many changes in the GST regime that have come into effect in this new year 2022.

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 vendors who are currently outside the GST threshold will become liable to GST when provided through these online platforms.

Currently, restaurants registered under GST are collecting and depositing the tax. 

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