IndiaGST tax for Zwicky, Somato; Is hotel food prices rising?

GST tax for Zwicky, Somato; Is hotel food prices rising?


Zwicky, Somato The federal government is also planning to bring such online food distribution companies under the GST. A decision on this will be taken at the GST Council meeting tomorrow.

The GST Council meeting will be chaired by Finance Minister Nirmala Sitharaman tomorrow. There are important announcements to be made in this regard.
Sales of petroleum products, including petrol and diesel, are said to be subject to the Goods and Services Tax.

Similarly for supply companies that supply hotel meals to homes GST tax Is also being discussed. Internet businesses already have a GST levy. Zwicky, Somato Such food supply companies also do this work through e-commerce.

For food items already purchased in hotels GST tax Is charged. It is not taxed because it is a service provider. But the Federal Ministry of Finance is considering levying a tax on those companies as they come under the category of service.

Most medium hotels buy these taxes from customers and do not pay them properly to the government.
In the financial year 2020-2021 alone, hotels have been found to be evading taxes to the tune of Rs 2,000 crore. Zwicky, in particular, Somato Fraud is said to have taken place by claiming to have been sold by.

So Zwicky, for proper tax collection in hotels, Somato The central government is also planning to bring such online distribution companies under the GST tax. A decision on this will be taken at the GST Council meeting tomorrow.

The GST Council is also expected to recommend changes to the software used by these food supply companies to handle their billing systems. And for food supply companies GST tax Food prices are also likely to rise as a result of the imposition.

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