Restaurant supply tax classification: lower rate where input tax credit is not claimed; event based supplies taxed at a higher rate. Revises State Tax (Rate) entries: restaurant and similar food supplies taxed at 2.5% where input tax credit on goods and services used in supply has not been taken; Indian Railways/IRCTC supplies similarly taxed at 2.5% with same credit condition; event based/occasional food supplies taxed at 9%. Replaces 'declared tariff' with 'value of supply' in certain items and omits an Explanation. Defines and taxes multimodal transportation at 6%. E books taxed at 2.5%; other telecom and information services at 9%.
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Restaurant supply tax classification: lower rate where input tax credit is not claimed; event based supplies taxed at a higher rate.
Revises State Tax (Rate) entries: restaurant and similar food supplies taxed at 2.5% where input tax credit on goods and services used in supply has not been taken; Indian Railways/IRCTC supplies similarly taxed at 2.5% with same credit condition; event based/occasional food supplies taxed at 9%. Replaces "declared tariff" with "value of supply" in certain items and omits an Explanation. Defines and taxes multimodal transportation at 6%. E books taxed at 2.5%; other telecom and information services at 9%.
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