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GST
Mother Dairy increased vended milk by Rs 2 per liter
Mother Dairy sells 30 lakh liters of milk per day in the Delhi-NCR market, of which 20 per cent is token milk
By -
Franchise India Team
Oct 09, 2017 / 1 MIN READ
Panel Has Decided To Review GST Imposed On Restaurant
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…
By -
Franchise India Team
Oct 07, 2017 / 2 MIN READ
There are a few operational issues that are still being ironed out- Nestle CMD
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…
By -
Franchise India Team
Oct 06, 2017 / 3 MIN READ
The low footfall and the need for the kitchens to take a break is the primary reason
The project was launched to provide affordable food to citizens, it could be anybody as affordability is subjective
By -
Franchise India Team
Oct 06, 2017 / 2 MIN READ
GST Has Cut Restaurant Business By 35%
Restaurant business has certainly dipped after GST, even over weekends
By -
Franchise India Team
Oct 06, 2017 / 2 MIN READ
Dosa batter,custard powder,kitchen lighter may see cut in GST
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…
By -
Franchise India Team
Aug 08, 2017 / 4 MIN READ
Eateries report 20% dip in trade as GST takes hold
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…
By -
Franchise India Team
Jul 31, 2017 / 3 MIN READ
MICE crises hits the Hotel Industry after liquor ban, owing to GST
There have been huge cancellations or postponements of pre-booked events post GST
By -
Franchise India Team
Jul 31, 2017 / 4 MIN READ
GST likely to impact profitability of branded basmati rice companies: ICRA
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…
By -
Franchise India Team
Jul 14, 2017 / 2 MIN READ
GST would help add new stores in non-metro places: Hardcastle Cafe
The company has brought uniform price by slashing price in southern states where pre-GST taxes were high and by hiking rates in states like…
By -
Franchise India Team
Jul 11, 2017 / 2 MIN READ
Union Minister Nirmala Sitharaman denies Pizza being taxed lower than peanut brittle under GST
Only 5% GST was imposed on peanut brittle, whereas 18 per cent GST was levied on pizza served at restaurants and 5% on pizza breads that can be used…
By -
Franchise India Team
Jul 11, 2017 / 2 MIN READ
Tea auction in Calcutta starts today
This sale was supposed to be held on Tuesday and Wednesday, but was postponed due to the billing issue on how to raise GST (both CGST and SGST)…
By -
Franchise India Team
Jul 06, 2017 / 2 MIN READ
Print new MRP on unsold items or face legal action, says Ram Vilas Paswan
The order is applicable for unsold stocks up to July 1. New revised MRP declaration can be done through stamping, putting sticker or online printing.
By -
Franchise India Team
Jul 06, 2017 / 2 MIN READ
5% GST only on branded cereals registered with the Register of Trade Marks, says Finance Ministry
The ministry stated, "GST rate of five per cent will not be applicable on the supply of goods unless the brand name or trade name is actually on…
By -
Franchise India Team
Jul 05, 2017 / 2 MIN READ
Restaurants and stores implies different taxes on carbonated drinks
However, a 600ml bottle of a cola brand in a food joint cost Rs 60, with GST component cited at 18%. But the same sized bottle is available in a…
By -
Franchise India Team
Jul 04, 2017 / 2 MIN READ
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