How Much Will You Pay To Eat Out? GST Council Fixes Service Tax Rates

Four tax rates will apply to services such as telecom, hotels and transport under the Goods and Services Tax (GST) regime that is targeted to kick in from July 1, Finance Minister Arun Jaitley  announced in Jammu and Kashmir capital Srinagar  after the meeting of the GST Council, a body of 32 state finance ministers that he heads. Services will be taxed under the multi-tier structure as…