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GST IMPACT ON RESTAURANTS
Assam emerges as concert hub; Rs 700 crore opportunity seen in 5 yearsAssam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boosting the economy and tourism. A re...- Iran war: HUL hikes prices of Dove, Pears, Surf, Red LabelHindustan Unilever Limited has increased prices for its soap products. This move is a response to escalating costs of raw materials and pac...
- Price hikes on the horizon: Expect a hit on your budget as Iran war's impact becomes clearIndian consumer firms are seeing rising costs from higher crude oil prices. This could lead to price increases soon. Companies are trying t...
- Court grants hotel interim stay on GST for eatery servicesThe Bombay High Court has granted an interim stay on the 18% GST levied on restaurant services within hotels charging over ₹7,500 per day f...
- 18% GST instead of 5% to be charged on dining in a hotel if room rent per night is above this; know how much more it will cost?GST: From April 1, 2025 restaurants inside hotels will have to charge 18% GST from customers instead of 5% previously if the said restauran...
- Restaurant industry wants clarity on GST on Swiggy, ZomatoThe GST Council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST, just like restaurants.
- Swiggy, Zomato reach out to govt for clarity on GSTThe GST Council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST, just like restaurants. The tax for ...
- Swiggy, Zomato to collect 5% GST on deliveries, food not to get dearerFood delivery apps will now be required to collect 5% GST from consumers instead of the restaurant they pick up orders from, Sitharaman sai...
- Zomato, Swiggy to pay GST on restaurants' behalf. Will your online food ordering bill rise?At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile...
- Food delivery sector demands rationalisation of GST on business to five percent from 18However, restaurateurs said a high commission of 23-24 per cent by food delivery platforms have turned out to be a pain point even for seve...
- Restaurants’ body writes to government for dual GST structureSuggests 12% for restaurants that want to claim input tax credit and 5% for others.
- Impact of GST on restaurant industry positive: SurveyMore than 70 per cent of the restaurant owners in the two cities believed GST is a positive decision for the industry, while 68 per cent bu...
- GST has no impact on foodies in run-up to Pujas says HoteliersSo those coming to savour the Durga Puja special cuisine at our speciality restaurant are coming here just like previous years," the genera...
- How GST will impact a common man's budgetIn terms of impact in prices, while services would mostly be more expensive in the initial phases, impact on prices of goods could be a mix...
- Is your restaurant overcharging you in the name of GST? Learn how to decode the billGST, which came into effect on July 1, subsumes 17 indirect taxes and 22 cesses at different rates across different states.
- What price for entertainment after July 1? Here's how GST will impact your fun timeIf you are from a high entertainment tax state like Jharkhand (110%) or Uttar Pradesh (60%), you will only pay 28% tax now.
- GST rate on top hotels, restaurants upset hospitality, tourism industriesBudget hotels will attract low GST rates - even nil in some cases - but those charging Rs 5,000 and more room tariff per day will have to p...
- GST could kill tourism, say industry playersUnder the GST rates announced, 5-star hotels will be charged 28 per cent while AC restaurants and those with liquor licence will be taxed a...
- Post GST, Modi government to cushion impact of hike in service taxThe government will likely try and ensure that crucial services such as life or medical insurance may not see a significant increase in the...
- Hoteliers and restaurant owners wary of GST's impact on revenuesIndustry experts point out that higher tax rate would force people to avoid bills, thereby creating a parallel economy.
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