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18% GST hits hotel restaurants where room tariff exceeds Rs 7,500 per day; check details
According to the latest guidelines from the Central Board of Indirect Taxes and Customs (CBIC), hotels that charge more than Rs 7,500 per day for their rooms will be considered 'specified premises'.
Do you love to eat out often? Remember that the latest rates of Goods and Services Tax (GST) took effect on April 1. As per the new rates, customers may have to pay either 5 per cent or 18 per cent ...
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