Food delivery costs may soar due to platform fee hikes and added GST.
Swiggy increased its platform fee to Rs 15 (inclusive of GST), ETERNAL (Zomato) to Rs 12.50 (excluding GST) and magicpin to Rs 10 per order. The 18% GST levy on delivery charges starting September 22 adds Rs 2- Rs 2.6 extra per order. This increase makes food delivery costlier for users, raising concerns about affordability and convenience in India's food delivery sector.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.
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