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GST ON FOOD AND BEVERAGE
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
India markets outlook: Varun Goel sees opportunity in 4 sectors amid geopolitical tensionsIndian equity markets are in a rangebound phase, presenting opportunities for investors. Strong macroeconomic fundamentals support a positi...
India remains on a credible growth path despite fragmented global landscape: N ChandrasekaranIndia shows strong economic growth amidst global uncertainty. This is fueled by its young population, digital advancements, and government ...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 35%The price hikes in petrol and diesel follow the increase in the duty on gold. The way these hikes are being implemented makes it clear that...
FMCG sector set for steady Q4 on rural demand and volume growthThe FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segme...
GST on aerated beverages may be hiked to 35%; GST council decision on Dec 21The GoM on GST rate rationalisation has proposed increasing the tax on aerated beverages to 35% from 28% and similarly raising taxes on sin...
Varun Beverages shares slip over 5% as GST on aerated beverages may be hiked to 35%Varun Beverages share price: Shares of Varun Beverages fell by 5.2% as the Group of Ministers proposed raising the GST rate on aerated drin...
Why you should not buy combo package of food & beverages along with movie ticket from nowIt may be noted here that the GST Council has decided to bring down the levy on food and beverages sold at theatres to 5% from the earlier ...
Want to pay lower GST? Don’t buy popcorn with movie ticket“When bought together, it is treated as a composite supply and the principal supply there is watching the movie, or giving access to the ci...
Exempt fizzy, juice-based drinks from sin tax: CompaniesNew Delhi-based Indian Beverage Association (IBA), an industry group that represents Coca-Cola, PepsiCo, Red Bull and Dabur, has urged the ...
GST Council likely to exempt IGST on cancer drug import, fix 5% tax on refreshments served in multiplexBesides, import of medicines and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases for personal use and also ...
Food delivery apps like Zomato & Swiggy, and Cloud kitchens may face GSTThe fitment committee, which comprises officers from various states that makes suggestions on tax rate changes, has recommended that the ec...
Catering services provided to offices and industry canteens to attract 18% GSTThe case went to AAR when an applicant, which is in the business of providing catering services to various industry and factory canteens, c...
Ordering food on train will pinch you a bit more, all thanks to a new tax definitionA train is a medium of transport and cannot be termed as a restaurant, the AAR said in a decision that will impact those supplying food on ...
Caterers, canteens seek clarity on GSTOutdoor catering attracts 18% GST, while canteen services face 5%. The levy on supply of food or beverages by facilities such as a mess or ...
GST plays killjoy as clubs, NGOs face higher taxes on fundraisersClubs like Lions Club and Rotary Club operate in a peculiar manner. They collect fees from their members and pay an annual fee to the paren...
Implementing GST to benefit food processing industry: Sharad PawarSharad Pawar said the processed food industry is facing problems due to the existing tax regime and hoped the implementation of the propose...