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GST 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...- To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
- Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
- MoSPI proposes Index of Service Production with 2024-25 as base yearThe Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...
- 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...
- 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 services in hotels with tariff over Rs 7,500 per day to attract 18 pc GST from AprilHotels 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...
- All restaurant services attract 5 per cent GST: Authority for Advance RulingAccording to a TOI report, the authority stated, “Irrespective of whether customers of Riddhi Enterprises (the applicant, which is a stand-...
- 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 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...
- 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...
- Restaurants’ body writes to government for dual GST structureSuggests 12% for restaurants that want to claim input tax credit and 5% for others.
- Anti-Profiteering body will push companies to pass on GST benefits to consumersThe government said the Cabinet decision was “following up immediately on yesterday’s sharp reduction in the GST rates of a large number of...
- 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...
- 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.
- 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...
- 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...
- 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.
- How will your restaurant bill look like post GST?Earlier a normal restaurant bill used to show plethora of taxes which were charged by the state and the central government level.
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