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    E-commerce, food delivery companies could get clarity on input tax credit following court ruling

    Synopsis

    Many e-commerce and food delivery players use raw materials or input services that have higher GST rate but are unable to pass this on to customers either due to discounts offered by them or in certain cases because the GST applicable to customers is lower.

    Mumbai: Many e-commerce and food delivery companies got greater clarity on non-refundable input tax credit under the Goods and Services Tax (GST) framework after a recent high court ruling said refunds should be available even in cases where tax rate on input is higher than output.Many e-commerce and food delivery players use raw materials or input services that have higher GST rate but are unable to pass this on to customers either due to
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    The Economic Times