With refernce to 45th GST council Meeting which of the following statement statemets is are cor...........

Current GK ( Master) Financial System

With refernce to 45^thGST council Meeting which of the following statement/statemets is/are correct?

a) Online food delivery aggregator firms Swiggy and Zomato will now be liable to pay GST and not the restaurant partners.

b) Petrol and diesel will be brought under the GST regime.

Only A

Only B

Both A and B

Neither A nor B

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Explanation:

At the 45th Goods and Services Tax (GST) Council meet held in Lucknow, several pertinent issues were discussed, including bringing petrol and diesel under the GST regime. The Finance Minister, during her press address on the GST Council meet 2021, said that “quite a few people-friendly decisions” have been taken. Here are the key highlights:

Online food delivery aggregator firms Swiggy and Zomato will now be liable to pay GST and not the restaurant partners. Food delivery apps will now collect and deposit GST with the government.

Petrol and diesel will not be brought under the GST regime yet.

GST rate on biodiesel, which is supplied to oil marketing companies for blending with diesel, has been reduced from 12 percent to five percent.