Sunday 29 October 2017

GoM for 12% GST on AC eateries, composition scheme tax cut

NEW DELHI: The Group of Ministers set up to make GST composition scheme more attractive today suggested lowering tax rates for manufacturers and restaurants under the plan to 1 per cent. At present, while manufacturers pay GST at 2 per cent, the rate for restaurants is 5 per cent.

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via GoM for 12% GST on AC eateries, composition scheme tax cut

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