The Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...

Hindustan Unilever Limited has increased prices for its soap products. This move is a response to escalating costs of raw materials and pac...

Indian consumer firms are seeing rising costs from higher crude oil prices. This could lead to price increases soon. Companies are trying t...

The 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...

The National Restaurants Association of India asks the government to rethink GST rates. Restaurants face high costs from rent, aggregator c...

GST: From April 1, 2025 restaurants inside hotels will have to charge 18% GST from customers instead of 5% previously if the said restauran...

Hotels with room tariffs over ₹7,500 per day will have their restaurants taxed at an 18% GST rate with input tax credit, according to new r...

Food delivery apps will now be required to collect 5% GST from consumers instead of the restaurant they pick up orders from, Sitharaman sai...

At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile...

The fitment committee, which comprises officers from various states that makes suggestions on tax rate changes, has recommended that the ec...

More 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...

Sources told ET the Centre is not keen on 12% GST as restaurants have not passed on the benefit of input credit to customers.

High rate of tax on certain goods and services of mass use and complexity of compliance have made businesses, especially small traders, res...

Government officials believe that with tax credit available on inputs and even furni ture or rent paid by the restaurants, the price should...

NRAI stated that under the current 18% tax rate, restaurants get to claim credits on the taxes they pay on various things like processed fo...

AC 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...

Earlier a normal restaurant bill used to show plethora of taxes which were charged by the state and the central government level.