impactonbank

Impact of GST on Banks

Despite numerous representations, the Indian banking industry will be saddled with tedious compliance requirements under GST.

restaurant

Impact of GST on Restaurants

Restaurants are currently saddled with both service tax and VAT on sale of food. GST will subsume service tax and VAT. But it may have a uphill task of classifying transactions as a supply of service or as supply of goods.

hotels

Impact of GST on Hotels

Ancient India was renowned for its opulent and boisterous structures that hosted the great empires of its time. Modern India has done its equal share in making the rich and the wealthy of our country feel like royalty. Let’s see how GST will impact them.

pharma

Impact of GST on Pharma Sector

The pharma sectors have made significant investments in excise free zones. It will be crucial how they respond to conversion of this exemption to a refund scheme.