📱 IAMAI Wants 5% GST Dropped For App-based Rides
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
What actually happened
App-based mobility firms want GST exemption on their platforms. They argue the five percent tax applies unfairly to technology connectors. Drivers often collect fares directly from passengers, not the app. This tax burden impacts drivers and passengers, the industry body stated. Conflicting state rulings add to the sector's prolonged uncertainty.
Key points
- App-based mobility firms want GST exemption on their platforms.
- They argue the five percent tax applies unfairly to technology connectors.
- Drivers often collect fares directly from passengers, not the app.
- This tax burden impacts drivers and passengers, the industry body stated.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
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- #iamai
- #wants