Would like to know if any Service Tax has been imposed on A/C Restaurants in the 2011 Karnataka Budget, presented in feb. 2011.
If yes, date of implementation and rate.
Thanks
Pramod Chaudhry
Would like to know if any Service Tax has been imposed on A/C Restaurants in the 2011 Karnataka Budget, presented in feb. 2011.
If yes, date of implementation and rate.
Thanks
Pramod Chaudhry
Services provided by air-conditioned restaurants having a licence to serve alcoholic beverages in relation to serving of food and/or beverages. There has been a 70% abatement provided from the gross bill amount which in effect will mean an increase of 3.09% on the total bill amount due to impact of service tax.
CAclubindia
