GST on ride-hailing: Karnataka AAR says may recall ruling on Namma Yatri

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Karnataka’s Authority for Advance Ruling (AAR) has informed Juspay Technologies that it might reverse an earlier ruling that said the Softbank-funded startup’s Namma Yatri cab-hailing service was not liable to collect GST on auto-rickshaw rides booked on the platform.

This comes after Bengaluru-based Juspay hived off the cab-hailing business to a subsidiary, Moving Tech Innovations.

The AAR, a statutory body that provides clarity on the applicability of GST, ruled on September 15, 2023, that Namma Yatri was not liable to collect GST on auto-rickshaw…



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GST on ride-hailing: Karnataka AAR says may recall ruling on Namma Yatri



Karnataka’s Authority for Advance Ruling (AAR) has informed Juspay Technologies that it might reverse an earlier ruling that said the Softbank-funded startup’s Namma Yatri cab-hailing service was not liable to collect GST on auto-rickshaw rides booked on the platform.

This comes after Bengaluru-based Juspay hived off the cab-hailing business to a subsidiary, Moving Tech Innovations.

The AAR, a statutory body that provides clarity on the applicability of GST, ruled on September 15, 2023, that Namma Yatri was not liable to collect GST on auto-rickshaw…



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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