Ice cream parlours asked to pay 18% gst from July 2017
Ice cream parlours are feeling the heat as GST Authorities in various States have started issuing summons since an October 6 clarification on a new system of levy. In its September 17 meeting, the GST Council clarified that ice cream parlours sell already manufactured ice cream. The government said a GST of 18% should be levied […]
Flavored milk has differential GST tarriff line from 5% to 12% across India
Flavoured milk has found different flavours with different Authorities for Advance Rulings (AARs). While Gujarat AAR followed its counterparts in Tamil Nadu and Andhra Pradesh to hold GST at the rate of 12 per cent, the Karnataka AAR went for 5 per cent. Latest rulings from Gujarat are related with two famous milk product brands, Amul and […]