Ride-hailing firms to seek GST clarity from tax regulator
Ola, Uber, and Rapido will approach CBIC regarding GST on their SaaS model following conflicting rulings from the Karnataka AAR. Some firms avoid tax on subscriptions, creating inequality. The subscription model helps bypass the 5% GST. A Karnataka High Court order asked CBIC to clarify its position. Tax experts foresee disputes amid uncertainty on tax rulings.
Ola, Uber, and Rapido will approach CBIC regarding GST on their SaaS model following conflicting rulings from the Karnataka AAR. Some firms avoid tax on subscriptions, creating inequality. The subscription model helps bypass the 5% GST. A Karnataka High Court order asked CBIC to clarify its position. Tax experts foresee disputes amid uncertainty on tax rulings.
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