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GST ON PIZZA
India's KFC, Pizza Hut operator Devyani hails historic GST move, sees minimal impactDevyani International Limited, operator of KFC and Pizza Hut in India, praised the new GST reforms. They called it a major policy developme...- Time to shed bias and look at them afresh: 4 QSR stocks with an upside potential of up to 28%Till a few years back, there were only a couple of quick service restaurant (QSR) companies listed on the markets. Then came a spate of IPO...
- GST 2.0 cuts prices of essentials, but wheat flour still taxed 5%GST 2.0 has reduced taxes on many essentials. Packaged Indian breads now have zero GST. However, wheat flour still has 5% GST on smaller pa...
- Sitharaman & co just slashed your food bill with GST 2.0The Goods and Services Tax (GST) Council has reduced taxes on essential food items. This decision was made during a meeting in New Delhi. U...
- Bibek Debroy decodes the curious case of tax on pizza toppingsWhat is the GST rate on pizzas? There isn't one. That's the point. The GST rate on pizza bread - note the expression - is 5%. But if it is ...
- 'Pizza topping is not pizza, so will attract a higher GST levy'GST rates on pizzas differ on the basis of how they are prepared and sold. A pizza sold and eaten within a restaurant attracts 5% GST, the ...
- GST investigation arm finds Tata Starbucks guilty of profiteering Rs 4.51 croreThe company, since its entry in October 2012, operates around 140 outlets across Mumbai, Delhi-NCR, Hyderabad, Chennai, Bengaluru, Chandiga...
- Jubilant FoodWorks slips 6% after NAA fineThe company has been asked to deposit the amount with the government.
- Jubilant FoodWorks fined Rs 41.4 cr for not passing on GST reliefThe order was passed on an e-mail complaint filed by a customer that Domino’s had not reduced the price of ‘stuffed garlic bread’ and ‘medi...
- Jubilant found guilty of not passing Rs 41.42 crore GST benefit on sale of Dominos PizzaGoods and Services Tax (GST) rate on restaurants was cut to 5 per cent without Input Tax Credit (ITC) from 18 per cent with ITC, with effec...
- Ease of doing business progressing very slow : Food service companiesSome other operators said ease of doing business, lesser regulatory hurdles, and faster returns on investment are making overseas markets m...
- Subway, Yum restaurants under watch for failing to pass on GST rate cut benefitsThe agency has questioned their practice of passing tax cuts on select products and not across the board, according to an official aware of...
- India system sales second fastest growing market for Pizza HutSystem sales, or a metric similar to same-store growth, is measured by sales at outlets that have been operational for at least a year.
- Domino’s lands in trouble for not passing on GST cutsThe government had created the anti-profiteering framework to shield consumers from any runaway price rise post rollout of GST from July 1 ...
- Profiteering notice to Jubilant FoodWorks on Dominos pizza pricingThe source further said the notice to Jubilant FoodWorks is one of the 15 profiteering notices sent by DGS so far since the rollout of GST ...
- Domino’s doing ‘very well’ in India under new management, says CEO Patrick Doyle“This approach, which is being executed globally, is perhaps one of the more exciting strategies around the future of our business. Needles...
- Why despite GST cut, eating out at McDonald’s, Burger King, KFC, Pizza Hut & Domino's has not become cheaperIncreases at McDonald’s (north and east), Burger King, Pizza Hut, Domino’s range from 5% to 8%, while KFC said the rise in price was margin...
- Hotels hike menu rates, government says it can do littleStarbucks, McDonald’s and Domino’s Pizza have hiked the base price, while others such as KFC are planning to follow suit by next week.
- Forget about your next free slice of Domino's pizza, companies will now be taxed on freebiesTop food services companies—Jubilant FoodWorks (Domino’s Pizza) and Yum Restaurants-owned Pizza Hut — are stopping buy-one-get-one free sch...
- Big bite of benefits for customers as eating out becomes cheaper under GSTWhile the effective tax rate on restaurants so long added up to around 20.5 per cent, it has come down to one rate of 18 per cent across al...
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