Government’s plans for rolling out GST, the new single-tax reform from July 1, seem to have failed to impress the food processing industry with rates prescribed for some categories being as high as 18% and 28%.
Industry plea rejected
Terming the move as ‘bad treatment’ of the food processing industry by the government, insiders point out […]
Following the Goods and Service Tax (GST) Council’s recent meeting in Srinagar, where the levy on eateries with air-conditioning and a liquor licence was pegged at 18 per cent, the hospitality industry has expressed its disappointment.
The GST levied on-air-conditioned restaurants was pegged at 12 per cent; the GST on hotels charging room rentals between […]
The Goods and Service Tax (GST) Council has decided the rates for goods at its meeting held in Srinagar recently. While there will be no tax on most edible items, processed foods were largely kept in the 12 per cent category, while some products, including confectionery products and aerated drinks with added sugar were […]