The Ministry of Finance has unequivocally clarified that there are NO plans to implement a new 5% GST without input tax credit on food delivery platforms such as Zomato & Swiggy. This affirms the current 5% rate on restaurant services, dispelling recent speculation & alleviating potential financial burden on consumers. #GST #FinanceMinistry

While discussed at the 55th GST Council meeting, the matter requires further examination; any future changes remain contingent upon recommendations from the Council. The existing 18% GST on platform fees remains unchanged. #FoodDelivery #Taxation #India