Stay updated
Tamil Nadu was among the top five GST compensation receiving States during the five-year transition period from July 2017 to June 2022, according to a study by the Reserve Bank of India (RBI).
Read more at : The Hindu
Share this content:
Badam ‘flavoured milk’ is not a beverage but is classifiable under a specific entry as ‘milk,’ the Andhra Pradesh High Court has ruled. This means Badam ‘flavoured milk’ will attract GST at the rate of 5 per cent and not 12 per cent.
The Federation of Hotel & Restaurant Associations of India (FHRAI) on Sunday pitched for delinking the GST on food & beverage services from accommodation charges in hotels.
India’s $32-billion pre-owned cars market is expected to witness a slowdown after the Goods and Services Tax (GST) Council decided to increase the tax rate on used cars from 12 percent earlier to 18 percent now, according to several industry stakeholders.