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GST: Pizza Lovers, Calm Down

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

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