Providing relief to students and working professionals, the GST Council has recommended exempting accommodation services having a value of supply up to ₹20,000 per person per month from goods and ...

Restaurants cannot charge more than the printed MRP for packaged items such as bottled water, irrespective of service, surroundings or dining experience. Service charges on bills are not mandatory in ...

The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...

The rationalisation of Goods and Services tax, done eight years after the flagship reforms were initiated, took place after a clear directive from Prime Minister Narendra Modi delivered from the ...

Starting April 1, a significant change is imminent in the GST system with the enforcement of the Input Service Distributor (ISD) mechanism. This mandatory alteration is designed to ensure that state ...

On Sunday, Finance Minister Arun Jaitley in 17th meeting said that GST on restaurants in five-star hotels was reduced to 18% from 28%, bringing it at par with standalone air-conditioned restaurants.