GST clarification on input tax credit for Swiggy, Zomato expected soon
The Law Committee, a key body responsible for interpreting and advising on GST-related legal issues, recently held a meeting to address queries regarding the reversal of Input Tax Credit (ITC) for Electronic Commerce Operators (ECOs) like Zomato Swiggy. This comes after representations seeking clarity on whether ECOs, such as Swiggy and Zomato, are required to reverse ITC for services other than r…