June 4, 2025

Before the implementation of GST, restaurant bills included multiple components: VAT: Applied to the food portion of the bill. Service Tax: Tax on the services provided by the restaurant. Service Charge: Additional charge by the restaurant, not a tax. Under the VAT system, different items on the menu were taxed at different rates, complicating the billing process. GST […]

GST Slab FMCG Items 0% (Nil Rate) Basic food items such as milk, rice, wheat, and fresh vegetables. 5% Packaged food items like paneer and frozen vegetables. 12% Butter, cheese, ghee, and dry fruits (expected to become costlier). 18% Processed foods, soaps, detergents, and shampoos. 28% Luxury goods such as cosmetics and aerated drinks. It

SAC Code Description of Services Rate (%) CESS (%) Effective Date Rate Revision 9971 Financial And Related Services 12/18 Nil Provided that Director (Sports), Ministry of Youth Affairs and Sports certifies that the services are directly or indirectly related to any of the events under FIFA U-17 Women’s World Cup 2020. Provided that credit of