Ola, Uber, Rapido To Seek GST Clarity On Their SaaS Model

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SUMMARY

Ride-hailing platforms like Ola, Uber and Rapido will reportedly approach the CBIC regarding GST issues on their SaaS model

The ride-hailing firms have alleged that the Karnataka AAR’s decision is distorting competitive parity in the sector

To minimise GST liability, ride-hailing platforms shifted to the subscription-based model, where drivers pay a fixed platform fee instead of ride commissions

Ride-hailing platforms like Ola, Uber and Rapido will reportedly approach…



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Ola, Uber, Rapido To Seek GST Clarity On Their SaaS Model


SUMMARY

Ride-hailing platforms like Ola, Uber and Rapido will reportedly approach the CBIC regarding GST issues on their SaaS model

The ride-hailing firms have alleged that the Karnataka AAR’s decision is distorting competitive parity in the sector

To minimise GST liability, ride-hailing platforms shifted to the subscription-based model, where drivers pay a fixed platform fee instead of ride commissions

Ride-hailing platforms like Ola, Uber and Rapido will reportedly approach…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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