The Haryana Appellate Authority of Advance Ruling or AAAR last week held that a goods and services tax rate of 18% is applicable on pizza toppings. The ruling should have no specific bearing on the classification and consequent tax rate for pizza supplied by restaurants, Prashanth Agarwal, partner at PwC India, said. “The judgment is specifically on GST rate of pizza toppings and it shouldn’t impact the GST rate applicable on supply of pizzas by restaurants,” Agarwal added.
Source: bloombergquint.com
Latest Posts in "India"
- GST Success Hinges on Single Tax Rate, Report Recommends Two Slabs and Capped Peak Rate
- Uncertainty in GST Treatment for Ride-Hailing Platforms: Legal Challenges and Implications
- 56th GST Council meeting is scheduled for September 3rd and 4th, 2025
- Eight States Demand GST Rate Cuts Be Tied to Revenue Guarantee and Consumer Benefits
- CII Urges Corporates to Transfer GST Rate Cut Benefits to Consumers Before Festive Season