Goods & Services Tax (GST) Updates
- Thread starter Sushubh
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A bit OT but similar to what will happen to Swiggy Zomato with what is happening with Ola, Uber. .Cab drivers are refusing to ferry people because of the huge cut they pay to Ola and Uber. They tell you to cancel the ride and are willing to ferry on meter basis since it helps them to retain that money which went as commission to Ola.
With pandemic and lockdown, this will only increase.
With pandemic and lockdown, this will only increase.
GST Council plans to raise 5% tax slab to 8% : Report
The increase in tax slab from 5% to 8% may yield an additional ₹1.50 lakh crore annual revenues..GST Council is looking to create GST a 3-tier structure with revision of rates at 8%, 18%, and 28%, respectively
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shirishag75
Regular
My experience was actually far worse. I had almost 15-20 contacts with Ola and Uber drivers, After the first lockdown, almost all of them fleed from Pune to their respective villages and towns. And almost all of them had huge loans on the cars they drive which probably were repossessed by the finance companies. None of them had any idea of what they will do next but they were sure they wouldn't go back to cab-driving. Your post prompted me to connect with them again, all of them doing something else other than cab-driving
That is the reason why even Rikshawallahs have become much ruder than before 
'Pizza topping is not pizza, so will attract a higher GST levy'
GST rates on pizzas differ on the basis of how they are prepared and sold. A pizza sold and eaten within a restaurant attracts 5% GST, the pizza base bought separately attracts 12% while a pizza delivered at home attracts 18% GST.
GST: Pizza Lovers, Calm Down
Haryana Appellate Authority of Advance Ruling held that a goods and services tax rate of 18% is applicable on pizza toppings.
There's something fishy at bakeries, feel taxmen
Tax department claims these outlets are not restaurants as food is prepared at a centralised kitchen and sent to shops and outlets that merely heat it up before serving clients.
GST Council may do away with 5% rate; move items to 3% & 8% slabs
Although various options are under consideration, the Council is likely to settle for an 8% GST for most items that currently attract 5% levy, say sources
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