Tag: GST for restaurants

GST – Impact on the Restaurant & Food industry

(GST) Goods & Services Tax on restaurants

GST for Restaurants Goods & Services Tax (GST) is a direct approach to an indirect tax regime.   The green light for “One Nation One tax” brings several state levied taxes like the (VAT)value-added tax, entertainment tax, sales tax, cess, excise tax, purchase tax etc.  The two sections of the GST will be the Central GST (CGST) and the State GST (SGST).   […]