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 email@example.com 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.
Zimbabwe crisis: Soldiers 'take over broadcaster ZBC'
The veteran of the country's 1970s liberation war was popular with the military and had been seen as a likely successor to Mugabe. Zimbabwe's envoy to South Africa , Isaac Moyo, also dismissed talks of a coup, saying the government was "intact", the BBC said.
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.
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.
The companies, which were not charged by USA prosecutors in the case, did not immediately respond to requests for comment. After Qatar came up short in the first rounds of voting, Grondona and Teixeira cornered Leoz in a restroom, Burzaco said.
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".
D E Shaw And holds 0% in Callon Petroleum Company (NYSE: CPE ) or 135,185 shares. 291,018 are held by Nationwide Fund Advsr. KeyBanc Capital Markets maintained Callon Petroleum Company (NYSE: CPE ) on Monday, September 18 with "Buy" rating.
ValuEngine raised Chesapeake Energy Corporation from a "hold" rating to a "buy" rating in a research note on Monday, October 2nd. Stifel Nicolaus reiterated a "buy" rating on shares of Chesapeake Energy Corporation in a report on Friday, July 21st.
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.
Trade ties between India and Asean are on an upswing and both sides want to further boost trade and investment cooperation. Prime Minister Modi also talked about shared values and common destiny between India and ASEAN.
Watch the unboxing of the new T-Mobile REVVL Plus
To remind you, T-Mobile Revvl, which was launched in August this year, is now sold for $6 down and $6 per month with EIP. The T-Mobile Revvl Plus will remain a carrier exclusive device to the said carrier, and carries a price tag of $200.
'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.
NK military preparing for winter training: S. Korea
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.