• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, October 22, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Discount offers from Swiggy, Zomato to come under Income Tax Department scanner

by Balraj
December 30, 2021
in Business, India News, Startups
Reading Time: 2 mins read
0
Swiggy and Zomato delivery boys

Image Source: VCCircle

TwitterWhatsappLinkedin

The Income Tax (IT) Department would consolidate its scrutiny of the discounts offered by food delivery services such as Swiggy and Zomato Ltd. as the new GST policy takes effect beginning January 2022, a report by The Economic Times suggests. Under the new policies, these food aggregators platforms are required to collect and deposit GST with the government on restaurant services provided thru them.

You might also like

Deepinder Goyal Unveils Dark.ai: Privacy-Focused AI Chatbot Set for Global Launch by End of 2026

Anthropic’s H1 Loss Widens to $80.7 Bn Ahead of November IPO

Eternal Q2 Results: Profit Jumps 92% to Rs 125 Crore as Revenue Surges 78%

Swiggy and Zomato delivery boys
Image Source: VCCircle

The Goods and Services Tax (GST) council decided at its 45th meeting that food aggregator apps will levy taxes at the final point of delivery and will be mandated to pay GST on restaurant services. It means that when the rule goes into effect next year, Swiggy, Zomato, among others would have to pay a 5 percent GST rate, the same as what restaurants pay. Services offered via central kitchens or cloud kitchens will also be considered restaurant services and will be subject to a 5 percent GST.

Shri Tarun Bajaj, Secretary at Department of Revenue said in a statement at the time, commenting on the development, “There is no new tax. Suppose you order food from the aggregator. Now, the restaurant is paying taxes, but we found some restaurants were not paying [taxes].”

However, unlike ordering food straight from a restaurant, food delivery aggregators add an extra layer of complexity when it comes to tax collection at the source. These aggregators have been deeply involved in a price war with one another, offering ever-increasing discounts in order to attract customers away from their competitors.

Similarly, restaurants, e-commerce operators (ECOs) frequently offer discounts when customers’ transaction is associated with a certain credit card, debit card, or digital wallet. Banks typically partner with e-commerce marketplaces in the form of a “barter” to advertise their own banking services in exchange for discounts. The question now is whether the GST would apply to the overall pre-discount price or only the discounted amount. The fact that these food aggregators have partnerships with banking institutions that let them offer these discounts complicates matters even further.

There are challenges in calculating the exact amount of GST that must be paid without the discount. Under the GST framework, there are existing issues concerning tipping delivery boys, surge fees, delivery charges, and packaging fees all of which are imposed on customers.

Consumers, on the other hand, will see no difference. The consumer will continue to pay a 5 percent tax on their food ordered via these apps, which will eventually be forwarded to the government via various channels.

Tags: Cloud kitchendiscountsfood aggregatorGSTIncome Tax DepartmentSwiggyTarun Bajajzomato
Tweet54SendShare15
Previous Post

Top stock picks of Nancy Zevenbergen

Next Post

Leon bet is a reliable and legal betting site in India

Balraj

Balraj writes about Startup, Business, Technology related news on Techstory... For Business Enquires related to TechStory; Get in touch on: info@techstory.in...

Recommended For You

Deepinder Goyal Unveils Dark.ai: Privacy-Focused AI Chatbot Set for Global Launch by End of 2026

by Ishaan Negi
October 21, 2026
0
Deepinder Goyal Unveils Dark.ai: Privacy-Focused AI Chatbot Set for Global Launch by End of 2026

Deepinder Goyal, founder of Zomato and vice chairman of Eternal Ltd, has unveiled Dark.ai, a privacy-focused artificial intelligence chatbot designed to keep users' conversations confidential through end-to-end encryption....

Read more

Anthropic’s H1 Loss Widens to $80.7 Bn Ahead of November IPO

by Ishaan Negi
October 21, 2026
0
Anthropic and Trump Administration: From Conflict to Cooperation?

Anthropic's net loss widened sharply to $80.7 billion in the first half of 2026, driven largely by an accounting charge linked to convertible bonds as the artificial intelligence...

Read more

Eternal Q2 Results: Profit Jumps 92% to Rs 125 Crore as Revenue Surges 78%

by Ishaan Negi
October 21, 2026
0
Deepinder Goyal Steps Down as Group CEO of Eternal, Albinder Dhindsa to Take Charge

Eternal Ltd, the parent company of food delivery platform Zomato and quick commerce business Blinkit, reported a sharp increase in profitability for the September quarter of FY27, even...

Read more
Next Post
Leon bet is a reliable and legal betting site in India

Leon bet is a reliable and legal betting site in India

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?