GST Govt. added a loop-hole to counter smart players The government has decided to plug a loophole for food companies, which were deregistering their brands to avoid paying 5% goods...
Tag:   GST   Arun Jaitley   Impact Of GST On Food Brands Aug, 07 2017
GST Impact Eateries report 20% dip in trade as GST takes hold The Goods and Services Tax (GST) has caused a 10-20% dip in customer footfall at eateries in Pune. These include fine-dining...
Tag:   GST   GST Hits Eateries   Eateries In Pune Jul, 31 2017
GST Impact After liqour, GST hits Hotels Meetings, Incentives, Conferences & Exhibitions (MICE) segment is the hospitality industry's key revenue source. Hoteliers...
Tag:   Hospitality Industry   GST   Dilip Datwani Jul, 31 2017
GST On Rice ​GST to affect branded basmati rice companies The profitability of the organised basmati rice companies is likely to be negatively impacted as the same will be subject to 5%...
Tag:   GST   Profitability   Basmati Rice Jul, 14 2017
GST On Prasadam No GST on prasadam The government said on that free food supplied in anna kshetras (food areas) run by religious institutions have been kept out of...
Tag:   GST   Food Items   Tax Regime Jul, 12 2017
Hardcastle Restaurants Hardcastle Restaurants brings uniform price Hardcastle Restaurants, the franchisee of McDonald's for west and south India operations, said the GST would increase the...
Tag:   Franchisee   GST   McDonald's Jul, 11 2017
GST On Peanut Brittle ​GST on Pizza not lower than Peanut brittle Union Minister of Commerce and Industry, Nirmala Sitharaman has denied that peanut brittle was taxed more under Goods and Services...
Tag:   Pizza   GST   Food Items Jul, 11 2017
Emami Hair Oil ​Emami extends GST benefit to costumers Kolkata-based FMCG firm, Emami has reduced prices of its hair oil to pass on the GST benefit to consumers.Under the new pricing,...
Tag:   Emami   GST   Tax Regime Jul, 07 2017
Tea Auction Tea board sorts GST billing issue over auction With GST coming into place from July 1, tea traders, brokers along with Tea Board and tax commissioners have sorted out the...
Tag:   GST   Tax Regime   Tea Auction Jul, 06 2017
GST On Consumer Goods ​Penalty for not showing revised MRP: Govt Union Food Minister, Ram Vilas Paswan said that manufacturers and vendors will have to print revised Maximum Retail Price (MRP),...
Tag:   FMCG   Consumer Goods   GST Jul, 06 2017
GST On Cereal ​5% GST will apply only on branded cereals The five per cent Goods and Services Tax (GST) rate will apply only on those branded cereals which are registered with the...
Tag:   GST   Finance Ministry   GST On Cereal Jul, 05 2017
GST On Fizzy Drinks Tax on colas different at restuarants and stores The government’s move to tax fizzy drinks at 40% under Goods and Services Tax (GST) regime is being defeated at food joints,...
Tag:   GST   Tax Regime   GST On Fizzy Drinks Jul, 04 2017
GST On Food Products ​Junk food to cost less under GST The GST (goods and services tax) would reduce the prices of junk food such as pasta, cake, pastry and chocolates.Tax levied on...
Tag:   GST   Junk Food   Food Items Jul, 04 2017
GST On Food Items Amul sees no major revenue change post GST Dairy brand, Amul has reduced prices of cottage cheese, dairy whitener and baby food, increased the price of ghee and left cheese,...
Tag:   Amul   Sales   GST Jul, 03 2017
Nestle India ​Nestle to pass on GST benefits to consumers FMCG giant, Nestle India said that it will pass on benefits of reduced tax rate under GST on various products such as milk powder...
Tag:   Nestle India   Dairy Products   GST Jul, 01 2017
GST On Food Items Badal takes up with FM on issue of high GST rate Harsimrat Kaur Badal, Union Food Processing Minister, has taken up with the finance ministry the issue of high GST rate proposed...
Tag:   FDI   GST   Coca Cola Jun, 03 2017
GST GST on ghee may impact Patanjali's sale Yoga guru Ramdev, founder of Patanjali, invoked cow slaughter to argue against GST on ghee, the top grosser in the brand’s...
Tag:   Patanjali   GST   Ghee May, 26 2017
GST ​Sugar, tea, coffee to become cheaper from July Sugar, tea, coffee and milk powder will cost less from July as the proposed goods and services tax (GST) will be lower than the...
Tag:   GST May, 26 2017
Restaurant Five-star stay, eating out to cost more under GST The new GST regime could make staying at a five-star hotel and eating out more expensive.The government has decided to tax five...
Tag:   Hotels   Restaurant   GST May, 20 2017
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