Earlier, 12 per cent GST on food bill was levied in non-AC restaurants and 18 per cent in the air-conditioned ones.
The GST Council, during its meeting last Friday in Guwahati, had recommended that GST rates on almost 210 items, 180 of them in the top 28 per cent tax bracket, be slashed. However, for hotels that charge Rs 7,500 or more per day as room tariff will be levied 18 per cent GST but are permitted to have Input Tax Credit.
Eating out to become cheaper from Wednesday after the GST Council Meeting led by Finance Minister Arun Jaitley revised the rates of the new national tax on November 10. People can also send emails to firstname.lastname@example.org to register their complaints, he said and added that stern action would be taken against the manufacturers and dealers not passing on the benefits of reduced GST rates to the consumers.
Withdrawal of input tax credit would mean that majority of expenditure by way of capital expenses, franchising, outsourcing, select food items etc. will take a beating as GST paid on such services or expenditures will not be available for input tax credit, said the Hotel & Restaurant Association Western India (HRAWI). "It will be applicable from November 15", Jaitley had said.
'No indication' Saudi coalition reopening Yemen ports
In March 2015, the Saudi-led coalition of mostly Persian Gulf countries launched airstrikes against the Houthis at Hadi's request. However, Mr McGoldrick said there was "no indication" yet of the blockade being lifted.
With the latest decisions, GST has been cut on a host of consumer items such as chocolates, chewing gum, shampoo, deodorant, shoe polish, detergents, nutrition drinks, marble and cosmetics.
After the change, only 50 products including luxury and sin items, white goods, cement and paints, automobile, aeroplane and yacht parts have been retained in the top 28 percent slab.
Among mass consumption items watches, blade, stove, mattresses have been reduced to 18 percent from 28 percent. Price for meals with 12 percent GST was Rs 78.40. From 18 percent duty to five percent, you will spare 13 rate focuses tax on your food tax. "Six goods have come down from the 18 percent slab to 5 percent, 8 items have come down from 12 percent to 5 percent and 6 items from 5 percent to zero tax", Jaitley said.
Launched on July 1, the GST weaved 29 states into a single market with one tax rate but while traders and small business complained of increased compliance burden, voices of dissent rose on high tax rate on some common use goods. It decided that filing GSTR 3B would continuing till March 31, 2018.
According to Macrumors , the younger Malik was consistently able to unlock his mother's iPhone X without any failure. Reports says that the boy was able to unlock the phone because he picked up the phone for the first time.
He adds; his sense of Texan pride makes it hard for him to be far away from home during the aftermath of the shooting . Mark Collins, a previous pastor at First Baptist, said it was the largest gathering in the church's 100-year history.
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It's the same border area which was visited by US Secretary of Defense James Mattis less than a month ago. Command helicopter later transported him to the Ajou medical center, according to South Korean officials.
The poll watchdog said that word "Pappu", apparently targeting Congress vice president Rahul Gandhi , is "derogatory". The poll-bound state has immensely indulged in political controversy with Pappu word in campaign script.
A showbiz source revealed last night: "Mel loves a younger man and really fell for Olly when he got into shape late a year ago ". They went on to explain that the showbiz pair had been texting for a while, before it became "saucy".
Connectivity options on the smartphone includes a USB Type-C port that also supports an unspecified Quick Charge standard. The cheaper variant of the 'Billion Capture Plus' is priced at Rs 10,999 and comes with 3 GB RAM and 32 GB storage.
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Senator Brandis added that the amendment was not, nor was there, a government position on the matter. Should the vote go that way, Smith is prepared to introduce his marriage equality bill immediately.
Pessimists rule as wage growth stays slow
The bulk of wage growth came from the public sector, which grew by 2.4 per cent over the past year. Economists had forecast a 0.7 per cent bump for the quarter and an annual rate of 2.2 per cent.
How Does Morgan Stanley (MS) Stack Up Right Now?
Finally, Oppenheimer Holdings, Inc. reaffirmed a "hold" rating on shares of Morgan Stanley in a report on Tuesday, October 17th. Morgan Stanley (MS) is an interesting player in the Financial space, with a focus on Investment Brokerage - National.
Magnitude 5.5 quake jolts South Korea
Residents in Pohang city just 5.6 miles from the epicentre of the quake were told to evacuate. South Korea has relatively little seismic activity, compared with Japan to the east.
Airbus in $40bn deal to sell 430 A320s to USA firm
To put it in perspective, a single airline with 430 planes would rank among the 10 largest carriers on the planet. It will also allow Airbus to overtake Boeing, with a total of 718 orders against its American rival's 605.