Hardcastle wants higher GST & input tax creditThe move could have a huge implication for the country’s restaurant sector Restaurants across India, such as McDonald’s and Pizza Hut, are ...
19 Nov, 2019, 11.02 AM IST
McDonald’s India franchise drags government to court over GST creditRestaurants are currently levied a 5% GST, but they can’t claim the input tax credit against the tax they paid on raw materials and other e...
18 Nov, 2019, 11.32 PM IST
Restaurants’ body writes to government for dual GST structureSuggests 12% for restaurants that want to claim input tax credit and 5% for others.
10 Jun, 2019, 06.50 AM IST
Your neighbourhood sweet shop could become a restaurant to dodge GSTBranded snacks are taxed at 12% and cakes are taxed at 18%. GST rate inside restaurants is 5%.
08 Dec, 2018, 10.40 AM IST
Here's what you can do if a restaurant overcharges even after the GST rate cutEateries are finding several dubious ways of not passing on GST cut benefits to you, the consumer. Some restaurants have only raised their ...
24 Nov, 2017, 12.23 PM IST
Now, pay less for eating out and ordering foodThe GST Council had previously pegged GST rates for air-conditioned eateries and those with liquor licences at 18%, and non-air-conditioned...
11 Nov, 2017, 12.14 PM IST
Restaurant tax on GST Council agendaSources told ET the Centre is not keen on 12% GST as restaurants have not passed on the benefit of input credit to customers.
10 Nov, 2017, 02.49 PM IST
Reduction in GST from 18% to 12% for restaurants will make eating out more expensive: NRAINRAI stated that under the current 18% tax rate, restaurants get to claim credits on the taxes they pay on various things like processed fo...
25 Oct, 2017, 07.15 PM IST
Eating out may get cheaper as government plans flat 12% GST on all restaurantsAC restaurants currently charge 18% GST and non-AC ones charge 12%. Unifying the rate may mean giving up the ability to claim back taxes pa...
18 Oct, 2017, 06.45 AM IST
GoM on composition scheme holds first meetingThe 5-member GoM, under Assam Finance Minister Himanta Biswa Sarma, has also been tasked to revisit Goods and Services Tax (GST) rates for ...
16 Oct, 2017, 09.45 AM IST
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.
12 Jul, 2017, 06.18 PM IST
Eateries to shut early on 30th to avoid midnight tryst with GSTRestaurants, which otherwise close at 1.30am, especially on Friday will either shut around 11.30 pm or take orders only till midnight.
27 Jun, 2017, 02.20 PM IST
Booking a hotel after GST rollout? Here's how much you will payAt present, hotels that charge tariffs in this range pay 21-22% tax. Hotel tariffs above Rs 7,500 would attract GST rate of 28%.
22 Jun, 2017, 11.21 PM IST
Minister Krishna Byre Gowda defends GST rates for hotel industry, says they are backed by dataIn reference to Karnataka, the Minister said 90% of restaurants reported an annual turnover of less than Rs 50 lakh, last year.
30 May, 2017, 07.06 PM IST
GST Rates: Hotels may observe a day in protestHotels and restaurants in Karnataka may observe a day's bandh likely on May 30 to protest the steep 12 per cent and 18 per cent GST rates f...
22 May, 2017, 11.01 AM IST
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...
19 May, 2017, 10.24 PM IST
HRAEI calls for lower rate of GST for the hospitality IndustryHospitality industry feels that the govt should lower the rate of GST applicable on them, specially since the govt is targeting an increase...
02 Jun, 2015, 05.18 PM IST