Restaurant India News: Indian Hospitality Industry Seeks Clarity on GST as ITC Benefits Removed
However, industry stakeholders have expressed concern over the withdrawal of Input Tax Credit (ITC) benefits for businesses operating within the 5…
Restaurant India News: How GST Rationalisation Will Impact F&B establishments
For the F&B industry, this shift means essentials such as soaps, toothpaste, and other consumer staples will get cheaper, freeing up household…
Restaurant India News: Zomato and Swiggy Face Rs 180–200 Crore Annual GST Liability After Council Clarification
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
GST Authorities Drop Rs 5.9 Crore Tax Demand Against Zomato
Numerous GST notices have been sent to the corporation by different national authorities.
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Zomato Faces Rs 17.7 Cr GST Demand Order, Plans to Appeal
Zomato further clarified that it had provided relevant documents and judicial precedents in response to the show cause notice, but these appear to…
Zomato Faces GST Tax Demands from Tamil Nadu and West Bengal Authorities
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…
NAA finds Maggi noodles distributor guilty of profiteering
The National Anti-profiteering Authority (NAA) under GST has held an Uttar Pradesh-based dealer of Maggi noodles guilty of indulging in profiteering.
Hardcastle Restaurants pulls govt to court over GST credit
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…
NAA dismisses complaint against Subway franchisee
National Anti-Profiteering Authority (NAA) has dismissed a complaint against a Subway franchisee.
Britannia net profit ups 19.41% to Rs 258.08 cr In Q1
The international businesses remained flat due to slow-down in geographies like Middle East and Africa, Britannia said.
Domino's faces anti-profiteering action for not passing on GST cuts
Anti-profiteering provisions make it compulsory for companies to pass on any benefits from a lower GST rate to consumers.
From Swiggy to Foodpanda, online food delivery service firms face GST heat
Food delivery services are taxed at 18% which the restaurants have to pay.
Pernod's India sales Rise by 14% in July-March
Pernod, maker of Imperial Blue and Royal Stag whisky, has strategic international brands which include Absolut Vodka and Chivas Regal Scotch.
Food, drinks in educational institutions to attract 5% GST
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.
Ghee likely to get costlier under GST
Cow ghee contributes 15%, estimated at Rs 1,467 crore, to Patanjali’s overall revenue
GST makes staying at five-star, dining out more expensive
Under the new GST scheme, low-budget and non AC restaurants will have to charge 12%. Until now, small establishments charged 6% tax
Small restaurants selling liquor cannot opt for GST
One of the restrictive conditions is that the taxpayer opting for this scheme must not be engaged in making any supply of goods which are 'not leviable' to tax under GST.