Zomato further clarified that it had provided relevant documents and judicial precedents in response to the show cause notice, but these appear to…
The Tamil Nadu tax authority issued an Adjudication Order under Section 73 of the Central Goods and Services Tax Act, 2017, and the Tamil Nadu Goods…
The National Anti-profiteering Authority (NAA) under GST has held an Uttar Pradesh-based dealer of Maggi noodles guilty of indulging in profiteering.
Presently, restaurants are levied a 5% GST, however, they can’t claim the input tax credit against the tax they paid on raw materials and other…
National Anti-Profiteering Authority (NAA) has dismissed a complaint against a Subway franchisee.
The international businesses remained flat due to slow-down in geographies like Middle East and Africa, Britannia said.
Anti-profiteering provisions make it compulsory for companies to pass on any benefits from a lower GST rate to consumers.
Food delivery services are taxed at 18% which the restaurants have to pay.
Pernod, maker of Imperial Blue and Royal Stag whisky, has strategic international brands which include Absolut Vodka and Chivas Regal Scotch.
The Ministry also noted that if schools up to higher secondary level supply food directly to students, the same would be exempt from the GST.
Grofers partnered with major brands and suppliers to stock up extra in order to resolve any availability concerns for the customers
Other key reconsiderations suggested by HRAWI included making the Integrated Goods and Service Tax (IGST) available for tourism accommodation services
Some members of the National Restaurants Association of India complaining about the government’s decision to withdraw input tax credit
Currently 12 per cent GST on food bill is levied in non-AC restaurants and 18 per cent in air conditioned ones
Mother Dairy sells 30 lakh liters of milk per day in the Delhi-NCR market, of which 20 per cent is token milk
The GoM, which Jaitley said will set up soon, will also examine if the Rs 1-crore turnover, which is the threshold for the composition scheme, should include revenue generated from the sale of exempted goods
There is a GST impact of almost 525 basis points that gets impacted on the company's sales, therefore the number might be a little lower that what a double digit would be
The project was launched to provide affordable food to citizens, it could be anybody as affordability is subjective
Restaurant business has certainly dipped after GST, even over weekends
Sources said that the GST Fitment Committee has approved new rate structure of over two dozen items and forwarded the proposal to the apex decision making body.
Several brands, including some prominent basmati rice players, had deregistered some of the brands to avoid paying GST.
In a course correction bid, many restaurants have slashed menu prices by 5-10% to bring them at par with pre-GST rates. But they still await footfall to normalize.
There have been huge cancellations or postponements of pre-booked events post GST
Earlier basmati rice was subject to value-added-tax (VAT) or was tax free in different states. However under GST, basmati rice has been included in the category of branded cereals registered in the Register of Trade Marks, that attract a levy of 5% GST.
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