Zomato and Swiggy to be made liable to pay GST
Food delivery apps like Zomato and Swiggy will collect five per cent GST, or Goods and Services Tax, from consumers instead of the restaurant they pick up orders from, Finance Minister Nirmala Sitharaman said Friday evening after a meeting of the GST Council in Lucknow.
At present these apps are registered as TCS, or Tax Collected at Source, in GST records.
Speaking to reporters after the GST meeting, Revenue Secretary Tarun Bajaj clarified that no new taxes were being announced, and that the GST collection point was simply being transferred.
