Learn about GST rates on food items and restaurants in India. Explore how 5%, 12%, and 18% GST apply to various food services and it Impact on your expenses.
Value addition/packing charges (f) 600 600 Total value (g) = (c) + (f) 10,700 10,600 VAT @ 14%/GST @ 18% on above (f) value 84 (1,498 – 1,414) 108 (1,908 – 1,800) Total price 10,784 10,708 Impact on Different Price Segments Budget Smartphones: The 18% GST rate...
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.” ...
The GST department has reportedly issued summons to several restaurants listed on popular food delivery platforms such as Swiggy and Zomato. Posted in GST | 3675 Views Ministry of Finance Clarifies GST Applicability on Apartment Maintenance Charges Amid Resident Confusion 15 April 2025 at 07:29 ...
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.” ...
Value of supply –GST is based on 6% of the value of standard-rated supplies. Therefore, taxpayer needs to understand how the supply is valued to be able to compute, charge and collect the right amount of GST. We will discuss each concept in turn below. Type ...
When you are required to charge GST at a rate of 9% on supplies made on or after 1 Jan 2024, it is important to include this 9% GST in your GST return, regardless of whether you have already received the payment from your customers. In cases where you have only collected GST at a...
You do not charge GST for these items, but you are entitled to claim input tax credits for anything acquired or imported for use in your business. GST-free goods and services Includes food, exports, sewer and water services, eligible child care, non-commercial activities of charitable ...
The agriculture sector is a crucial part of the global economy, providing food and other resources to people worldwide. View Details What are the Exemptions in Government Sector? The government sector, or the public sector, refers to the part of the economy controlled and run by the government...
India's GST framework currently includes multiple slabs—0%, 5%, 12%, 18%, and 28%— along with an additional cess on sin and luxury goods. This complex structure has led to inconsistencies, such as varying tax rates on everyday food items, which complicate compliance and pose challenges ...