GST services tax rates: Hotels to be charged 12-18%; casinos, cinemas at 28%

India moved towards a multi-tiered service tax structure with the Finance Minister Arun Jaitley-headed GST Council deciding on Friday to place services under four slabs—5, 12, 18 and 28 percent— compared to the current uniform 15 percent levy on all eligible services. “GST in relation to the service sector was completely adopted in today’s meeting,” Jaitley told newspersons after the conclusion of…