GST
Food & Beverage
Zomato gets Rs 11.82 cr tax demand notice
PTI -
The order was passed by the Additional Commissioner, Central Goods and Services Tax, Gurugram, raising the GST demand of Rs 5,90,94,889, with applicable interest (not quantified) and penalty of Rs 5,90,94,889New Delhi: Online food delivery platform Zomato has received...
Finance & Funding
Meesho adds 25,000 non-GST sellers in 2 months
PTI -
Earlier this year, Meesho implemented significant technological adaptations, paving the way for non-GST sellers to commence selling on the platform from October 1, 2023New Delhi: Softbank-backed Meesho on Friday said it has onboarded nearly 25,000 non-GST sellers since October...
Latest News
Govt launches GST reward scheme in 6 states, UTs
PTI -
The Centre and states have set aside a Rs 30-crore corpus for this fiscal for the GST reward schemeNew Delhi: The GST lucky draw 'Mera Bill Mera Adhikar' scheme was launched in six states and Union Territories on Friday and...
Entertainment
PVR Inox slashes food & beverage prices by up to 40%
PTI -
The film exhibitor introduced food combos starting from Rs 99 from Monday to Thursday between 9 am and 6 pm, while on weekends it has offered bottomless popcorn with "unlimited refills" and "bottomless Pepsi"New Delhi: Leading multiplex chain PVR...
Big Grid
Cinema industry welcomes lowering GST rates to 5% on food served in movie theatres
PTI -
The Goods and Services Tax (GST) Council, headed by the Union finance minister and comprising of representatives of all states and UTs, on Tuesday decided to lower the service tax levied on food and beverages consumed in cinema halls...
E-Commerce
GST Council to clarify on TCS liability of e-commerce suppliers on ONDC
PTI -
Under the GST law, every e-commerce operator is required to collect TCS at the rate of 1 per cent of the taxable value of goods/services sold through its platformNew Delhi: The Goods and Services Tax (GST) Council on July...
Big Grid
Jewellery Industry: Unwavering strong growth trajectory in 2023
The Indian jewellery industry is on a very strong growth trajectory. In the past 2-3 years the value of gold and diamonds has appreciated by 25-30% which has led Indians to spend more on gold and diamond jewellery aided...
Finance & Funding
E-commerce operators face problem in GST drive to check fake registration
PTI -
MakeMyTrip Group VP -Taxation said, GST officials should enquire with head offices with regard to virtual offices before categorizing the state registration as a fake entity New Delhi: The pan-India drive against fake GST registration has created problems for e-commerce companies...
Food
Restaurants hopeful as court issues notice to centre
The Centre is to respond to the notice send by the Gujarat High Court on allowing Input Tax Credit on GST by December 11.http://b.indiaretailing.com/wp-content/uploads/2019/11/Image-for-GST.mp4McDonald's West & South India franchisee - Hardcastle Restaurants Pvt Ltd., had dragged the government to...
Retail
TV, refrigerator, washing machines to get cheaper, GST rate cut on 50 items
IANS -
In a relief for common man, the GST Council on Saturday reduced tax rates on over 50 items including refrigerators, washing machines and small televisions, which would now be taxed at 18 percent, down from the current 28 percent.Apart...
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Latest News
MatchLog Solutions raises $1.5 million in pre-series A funding
The funding round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital,...
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