Supreme Court rules coconut oil as edible, lowering GST rates, ET LegalWorld
Putting to rest a 15-yr old dispute, the Supreme Court on Wednesday held that coconut oil in small packages can be classified as edible oil, and will, therefore, attract lower taxes compared to non-edible ones. However, the apex court clarified that if coconut oil is packaged in small bottles and labelled for use on hair, […]
India tax panel may consider lowering GST on online food delivery fees, report says, ET LegalWorld
India’s GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, CNBC-TV18 reported, citing sources. The potential tax cut, which could take effect from Jan. 1, 2022, would not allow food delivery platforms such as Zomato and Swiggy to claim tax credits. […]
Tax panel may consider lowering GST on online food delivery fees, report says, ET LegalWorld
GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, CNBC-TV18 reported, citing sources. The potential tax cut, which could take effect from Jan. 1, 2025, would not allow food delivery platforms such as Zomato and Swiggy to claim tax credits. This […]