GST On Zomato, Swiggy, Ola, Uber From Today As Government Widens Tax Base

Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate starting today, a move which will widen the tax base as food vendors who are currently outside the GST threshold will become liable to GST.

GST Mumbai East Commissionerate detected a GST evasion worth Rs 40.5 crores and recovered Rs 49.2 crore in cash pertaining to GST evaded, interest, and penalty from the cryptocurrency exchange WazirX.

Food ordering from platforms including Swiggy and Zomato may become costlier soon as a new tax rule is coming into force starting January 1. Under the rule, food aggregators will be required to collect a five percent Goods and Services Tax (GST) from restaurants for their food items.

Several markets dealing with garment business in Delhi remained shut on Thursday in protest against the central government's proposed move to hike GST rates on textile from existing 5 per cent to 12 per cent from January 1.

The Directorate General of GST Intelligence on Thursday refuted rumours about its proposed handling of the Rs 197.49 crore cash and 23 kg of gold (worth an estimated Rs 11 crore) recovered last week during tax raids on UP businessman Piyush Jain.

The raid on Uttar Pradesh businessman Piyush Jain is not a case of mistaken identity, sources in the agency that investigates GST evasions said after the unearthing of heaps of unaccounted cash from his premises made national headlines.

A team of Directorate General of GST Intelligence (DGGI), Lucknow Unit visited the office and residence of another Kanpur-based businessman late on Tuesday for the verification of tax evasion allegations.

The Directorate General of GST Intelligence (DGGI) on Wednesday concluded the raids at businessman Piyush Jain's residence in Uttar Pradesh's Kannauj.

The Directorate of Revenue Intelligence (DRI) has been roped after the Directorate General of GST Intelligence (DGGI) recovered approximately 23 kg of gold from the factory premises of Kanpur-based businessman Piyush Jain on Monday.

UP IT Raid, Piyush Jain: Tax raids on Uttar Pradesh businessman Piyush Jain, who is part of the perfume industry, have so far recovered Rs 194.45 crore in cash and 23 kg in gold, the Directorate General of GST Intelligence (DGGI) said Monday.

Kanpur businessman Piyush Jain has been arrested for evasion ofGoods and Services Tax.

Directorate General of GST Intelligence (DGGI) Ahmedabad has recovered Rs 10 crore more cash from the factory and residence of perfume businessman Piyush Jain, promotor of Odochem Industries of Kannauj district in Uttar Pradesh, official sources said

The Congress today accused the BJP government of trying to divert the country's attention from real problems like price rise faced by common people to "non-issues" of caste and religion.

Nationalist Congress Party chief Sharad Pawar today demanded the release of GST compensation to the states for them to reduce value-added tax (VAT) on fuel. His remarks come days after the Centre reduced the excise duty on petrol and diesel.