Though New Year brings josh to youth this year 2022 lays more financial burden on the consumers. GST Council identified some specific goods which are derailing government revenue and so decided to hike GST Rates from this January1st,2022.
According to GST Council Goods which are approved to be hike are-
- Online Food Delivery
- Textiles(Proposed But Postponed for time being)
The applicable GST Rates are as follows-
|Online Food Delivery Apps(Zomato,Swiggy)||5%|
This GST Rates are applicable with immediate effect of January1st,2022. So consumers who are relying on this services will have to pay “extra” in the form of GST(Goods and Service Tax)