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VAT

GST on Sell of Ice Cream

GST on Sell of Ice Cream:

As per recent circular issued by CBIC, it is clarified that ice cream sold by ice cream parlors will be considered as goods and GST at 18% will be chargeable.

However, litigation may arise for those who were charging GST at 5% considering themselves as restaurant service providers.

Source CA Devang Gajjar

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