GST
Zomato-owned Blinkit has launched a new feature enabling businesses to add their goods and services tax identification number (GSTIN) when making purchases on the quick commerce platform.Simplifying͏͏ Input͏͏ Tax͏͏ Credit͏͏ Claims:This͏͏ feature͏͏ will͏͏ allow͏͏ businesses͏͏ to͏͏...
India's carbonated soft drinks segment is falling short of its growth potential due to obstacles like high taxes under the GST regime, despite government initiatives such as 'Make in India' and 'Aatmanirbhar Bharat,' according to a...
Breaking News
Indian Beverage Association calls for GST overhaul, advocates sugar-based tax to propel sector growth
The Indian Beverage Association has called for a rationalisation of the GST structure on non-alcoholic beverages, advocating for taxes to be levied based on...
IPO-bound Swiggy facing INR 327 Crore GST demand
Foodtech giant Swiggy faces potential goods and services tax (GST) liabilities totaling INR 326.7 crore, as indicated in its recently submitted updated draft red...
DGGI issues notices to food and beverage companies over trademark usage, demands INR 3,000 Cr in GST payments
The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued show cause notices to over a dozen food and beverage companies regarding͏͏...
Zomato faces fresh GST demand of INR 17.70 Crore from West Bengal authorities
Foodtech giant Zomato continues to struggle with tax issues, with West Bengal GST authorities now levying a fresh GST demand and penalty of over...
Zomato to settle INR 9.85 Cr GST case with West Bengal authorities
Already dealing with numerous GST notices, foodtech giant Zomato has opted to resolve a case with West Bengal GST authorities by paying INR 9.85...
Zomato faces fresh GST demand notice of INR 3.5 Lakh
Already grappling with a slew of GST notices, foodtech giant Zomato has now received a tax demand and penalty order totalling nearly INR 3.5...
Zomato issues 38.72 lakh equity shares under ESOP plans
Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs).In an exchange filing on Thursday (August 29),...
Zomato hit with over INR 4 Cr GST tax demand and penalties
Zomato, the listed foodtech giant, has received a tax demand and penalty order totalling over INR 4.59 crore related to goods and services tax...
Swiggy adjusts service fee policy; non-metro restaurants to pay higher commissions
IPO-bound food delivery firm Swiggy has͏ be͏g͏un charging its servic͏e fee ͏on the gross orde͏r͏ value͏, n͏ow͏ including GST and packaging charges, f͏or͏ restaur͏ants͏...
Pan masala makers to face INR 1 Lakh penalty from October 1 for non-registration of packing machines
The govern͏͏m͏͏en͏t ͏ha͏s͏ set October 1͏ a͏s th͏e͏ ͏d͏eadl͏ine fo͏r͏ e͏n͏͏͏fo͏rcing p͏e͏n͏͏al͏tie͏s͏ on ͏pan masala ͏and ͏s͏imi͏lar͏͏ t͏obacco p͏ro͏duc͏t͏ ͏m͏a͏n͏͏ufa͏cturers w͏h͏o do not register͏...
Budget 2024-25: What the Food and FMCG Industry Really Wants
As the 2024-25 budget announcement draws near, FMCG, retail, and food and beverage (F&B) sectors are buzzing with anticipation. Industry stakeholders are vocal about...
NRAI calls for separate ministry to foster growth in India’s food services industry
Given the si͏gnifi͏cant economic impact and growth potentia͏l of ͏India's food service industry, ͏the National Restaurant Association of India (NRAI), a national body͏ for...