GST Council to consider clarifying GST issue on ice cream parlour
The GST Council, expected to meet later this month, is likely to take up the issue related with levy mechanism on ice cream parlour. Ice cream companies have urged for clarification on the applicability of GST at the rate of 18 per cent on parlour. “The matter is expected to be placed before the GST […]
GST Council defers composition scheme for ice cream makers
The ice cream sector will have to wait to be included in the Composition Scheme of Goods & Services Tax, with the GST Council referring the matter back to the Fitment Committee. This issue is critical for small ice cream manufacturers. This February the Delhi High Court said that the GST Council should reconsider exclusion […]