At the 55th GST council meeting chaired by Union Finance Minister Nirmala Sitharaman in Jaisalmer on Saturday, Lakshminarayanan pushed for detaching room rent from the taxation of restaurant services as the council proposes that hotels charging above ₹7,500 for rooms must impose an 18% GST on their restaurant services from the next financial year. Only a standard 5% tax is levied on food and drinks served in standalone restaurants, he said.
This story is from the December 23, 2024 edition of The New Indian Express Villupuram.
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This story is from the December 23, 2024 edition of The New Indian Express Villupuram.
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