https://www.taxtmi.com/article/detailed?id=7522 An illustrative household analysis demonstrates that GST raises consumer costs on leisure and recreational activities, yielding an estimated net increase of about five percent in quarterly recreational spending. The comparison uses pre GST effective average tax rates (entertainment tax, service tax, VAT and local levies) versus GST rates across typical weekend expenditures, showing itemised shifts and an aggregate rise. The note underscores that GST is an indirect tax passed to consumers and frames the rate structure debate-multiple rates to reduce regressivity versus a single rate raising absolute burdens on higher spenders-as central to distributional outcomes for recreational consumption. en-us Mon, 24 Jul 2017 06:15:07 +0530 Mon, 24 Jul 2017 09:52:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7522 An illustrative household analysis demonstrates that GST raises consumer costs on leisure and recreational activities, yielding an estimated net increase of about five percent in quarterly recreational spending. The comparison uses pre GST effective average tax rates (entertainment tax, service tax, VAT and local levies) versus GST rates across typical weekend expenditures, showing itemised shifts and an aggregate rise. The note underscores that GST is an indirect tax passed to consumers and frames the rate structure debate-multiple rates to reduce regressivity versus a single rate raising absolute burdens on higher spenders-as central to distributional outcomes for recreational consumption. Articles Goods and Services Tax - GST Mon, 24 Jul 2017 06:15:07 +0530 https://www.taxtmi.com/article/detailed?id=7522