Gst Hospitality Industry

The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...

The government, on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts feel could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy. The Goods and Services Tax or GST, set to be launched from July 1, will have rates of 5, 12, 18 and 28 p...