Taxes charged on food bill
I paid few charges at Om Sweets Faridabad , I am not sure if all these taxes are genuine, over and above I paid tips , the bill amount is Rs 225 and taxes like VAT, surcharge,Service tax,SB cess, KKC amount to Rs 43. I understand there was discussion thru this circle on various taxes , I want to know if 20% taxes are genuine and Tips is paid separate.
Looking forward to comments on this .
Thks
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Oct 31
I have written here on local circles often enough about the ex-CESS-ive cesses!On another circle,I was bemoaning the excessive tolls and Mr Govind gave his wise input there too
Jun 11
Venkatesh's view is quite correct while expressing need of single tax window. Government as a part of financial reforms has two major targets post implementation of GST. (1) Withdraw income tax and (2) Optimise transaction charges on cashless and Bank transactions. Government has not shown its faith in its own slogan, "SABKA SAATH SABKA VIKAS" while deciding the GST rates that should have not exceeded 15% for any item. Higher rate will translate into Growth of Limited Community and not SABKA VIKAS and at the same time higher liability of one and all. Chartered accountants have already computed that cashless transaction charges if levied at a rate of 0.7% the collection shall be higher than the exchequer gets from Income Tax. Let us wait and watch what the current government does for its common people.
Jun 03
When we pay income tax, why taxes on everything else? Lets say, the seller of food product also pays income tax on his profit. What exactly is Govt's contribution to this food product that tax must be paid again by us? This is back to basics, people who do not pay income tax (MPs, for example) on their salaries have no locus standi to demand taxes from us.
Jun 03
Dharampal ji, The bill doesn't show that service charge has been applied. It shows only (government) service tax (which is mandatory as per law) of Rs.12.60 has been levied. This bill doesn't show any component which can be termed as illegal in my view.
Jun 02