Taxation of food services revised: restaurant and institutional supplies face concessional treatment with input credit restriction and event based catering separated. The Bihar SGST notification amendments restructure taxation of food and drink supplies: restaurant and institutional canteen supplies are taxable subject to non-availability of input tax credit; Indian Railways and IRCTC supplies are included under the same condition; event based and occasional catering at exhibitions and functions is treated as a separate taxable category at a higher rate. The phrase 'declared tariff' is replaced by 'value of supply' in related entries. The amendments also define and provide a distinct entry for multimodal transportation and separate e book supplies from other information services.
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Taxation of food services revised: restaurant and institutional supplies face concessional treatment with input credit restriction and event based catering separated.
The Bihar SGST notification amendments restructure taxation of food and drink supplies: restaurant and institutional canteen supplies are taxable subject to non-availability of input tax credit; Indian Railways and IRCTC supplies are included under the same condition; event based and occasional catering at exhibitions and functions is treated as a separate taxable category at a higher rate. The phrase "declared tariff" is replaced by "value of supply" in related entries. The amendments also define and provide a distinct entry for multimodal transportation and separate e book supplies from other information services.
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