Swiggy, Zomato Impacted By New GST Rules. But Customers Won't Pay More | Read
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.
