Food delivery apps not to get input tax credit under new GST regime from January 1

Apps to collect tax, deposit on behalf of restaurants with the government E-commerce Operators (ECOs) in food delivery space like Swiggy and Zomato will not get input tax credit (ITC) under the new GST mechanism coming into effect from January 1. This will be included in the frequently asked questions (FAQs) expected to be released soon. “We received representation on ITC eligibility and other iss…